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Indonesia (603) > Economic and social policy (22)

Name: Law on State-Owned Enterprises (No. 19/2003).
Country: Indonesia
Subject(s): Economic and social policy
Type of legislation: Law, Act
Adopted on: 2003-06-19
Entry into force:
Published on: Business News [English version], 2003-07-11, No. 6932, pp. 23A-32A
ISN: IDN-2003-L-65386
Bibliography: Business News [English version], 2003-07-11, No. 6932, pp. 23A-32A
Abstract/Citation: Comprehensive legislation governing state-owned enterprises. Part 1 contains general provisions. Part 2 deals with state limited liability company ("persero"); Part 3 with public corporation ("perum"). Part 4 regulates merger, consolidation, aquisition and dissolution of state-owned enterpises. Part 5 sets forth obligation to provide public service. Part 6 provides for internal audit division, audit committee and other committees; Part 7 for external audit. Part 8 deals with restructuring and privatization. Parts 9-10 contain miscellanous, transitional and final provisions.
Implementing text(s):

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