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Bali Villas Regulation

August 22nd, 2009

REGULATION OF THE GOVERNMENT OF THE REPUBLIC OF INDONESIA
NO. 41, 1996 June 1996

PROPERTY OF THE LIFE SETTLEMENT OF FOREIGN
WHO home in Indonesia
President of the Republic of Indonesia

Given:

* This law is in force in respect of real estate, living in a foreign system and experience required to explain to act № 6 1985

Vertical their settlement and law number 16 of 1985 for housing and settlement;
* That under the law number 16 of 1985 Vertical Living and Law No. 4 of 1992 for housing and settlement houses to act as Number 5 of

1960 we Land Reform in the basic principles governing the ownership of the right against the state land;
* This is the development of land in the practice with regard to Law Number 5 of 1960 Base Land Reform and we signed a contract holder

the right to land;
* This is in connection with this development, it is necessary to provide for the ownership of homes abroad, living in Indonesia under

government regulation;

Browse:

* Article 5, paragraph (2) 1945 Constitution;
* Law Number 5 of 1960, we based Land Reform (SG, issue 104, year 1960, Additional State Gazette Number 2943);
* Act number 16 of 1985 we Vertical Housing (Official Gazette, Number 75, Year 1985, Additional State Gazette Number 3317);
* Law No. 4 of 1994 for Housing and Settlement Fund (Official Gazette, Number 23, Year 1992, Additional State Gazette Number 3469);
* Government Regulation No. 4 of 1988, its vertical Housing (State Gazette “№ 7, Year 1988, Additional State Gazette Number 3373);
* Government Regulation Number 40 of 1996, we concessions and work right on Land (Official Gazette number 58 in 1996, Additional State

Gazette Number 3643);

DECISION
To indicate:
GOVERNMENT REGULATION RE HOUSING SETTLEMENT OF FOREIGN owned or based in Indonesia.

Article 1

1. Foreign, residing in Indonesia have the right to housing of their own house given certain rights to certain rights.

2. Foreign, living in Indonesia as referred to in paragraph (1) means that all foreign, who attended in Indonesia to contribute to national development priority.

Article 2

Housing and settlement is entitled to be in the hands of foreign, as defined in Article 1 as follows:

1. The house, which in turn reflects the state and plot:

1. Using the law against the ground.
2. Permitted by this country with the consent of the right to land.

2. Vertical housing unit built on the basis of the use of the law against the ground.

Article 3

1. The agreement, as defined in Article 2, paragraph 1, made in writing between the foreign and the holder of the right against the State land.

2. Written consent as provided in paragraph (1) is carried out by deed, instrument Land Reform officer.

4

1. The agreement, as defined in Article 2, paragraph 1, as long accepted as a result of at least twenty years more.

5

1. The agreement, as defined in Article 2, paragraph 1, as long accepted as a result of at least twenty years more.

2. Time as specified in paragraph (1) will be reviewed by a number less than twenty-five years if approved for a new agreement where these

foreign, are still in Indonesia.

6

1. As a foreign area homes built on land use right of the State or under the agreement the right to the land is not in Indonesia, at least

one year will not be granted or others that meet this requirement.

2. It is at least a period referred to in paragraph (1) those rights against the state land if:

1. These houses are built to use the law against the state land and housing plot in the country authorized to offer.
2. These houses are built on land under agreement, as defined in Article 2, paragraph 1.b such holder under the authority of the ground.

7

Following provisions necessary for the implementation of these regulations by the government, appointed by the Minister of State Official

Land Reform has reported that the national housing and settlement development and control of the agency.

8

The scheme affected by the regulated.

A person is known about this regulation, the Government and published in the Official Gazette of the Republic of Indonesia.

Listed in: Jakarta
On: June 17, 1996
President of the Republic of Indonesia
Suharto

Regular in: Jakarta
On: June 17, 1996

State Department
Republic of Indonesia
MOERDIONO

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