A.
Preparation
Conducting
negotiations on behalf of the Government and to submit proposals to the
Government in General, nationalization and advancing plans legislation in
particular, funds to buy all shares of nationalization which then budgeted in
the Country Miroslav.
B.
Make
Commissions Nationalization
In this task the
Committee carrying out the nationalization of two things, namely the
implementation of nationalization and the organizers are also obliged to plan
for a new statute of the Central Bank. To carry out the first part by
purchasing stocks by the Government on the basis of a voluntary Government then
announced that the preceding plan legislation which will be submitted to the
House of representatives, are willing to buy the papers there on
holder-shareholder or certificate of shares that would be nationalized by
giving an opportunity to shareholders to sale of its shares to the Government
by the nominal origin of the currency or the stock and some with Indonesia's
currency. Indemnify the holder of separation and then took over the operations
of the company to be owned by the Government of Indonesia.
The
nationalization of property rights, repeal, abolition or in General any
transfer of rights, calendar items or rights which are enforced, in all
countries in the world is set out in the Act. It needs to be held for a rule of
law, which sets on the one hand, that the Government can hold a nationalization
and others, if the public interest asks for it, and on the other hand in the
guarantee that it will not be decided arbitrarily, but rather with a
disadvantage given entirely to the party deprived of its rights. How to
substitute the loss determination in General is that the parties concerned must
be sought before reaching an agreement, a free magnifying completely,. Judges,
decide to replace that loss, if not reached agreement.
The Government
does not take action over the nationalization of the overall foreign capital
companies or actions that reduce rights or master and take care of the company
in question, unless the legislation declares thus. If done so then the
Government must provide indemnification/kompenasation agreed both sides in
accordance with principles of international law in force. Then after the stock
can be taken over only then the Government announced the nationalization
legislation and announced officially.
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