REGULATION OF THE MINISTER OF TRADE
No. 12/M-DAG/PER/3/2007

CONCERNING
STIPULATION OF EXPORT CHECK PRICES (HPE) OF CERTAIN EXPORTED GOODS

THE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA,

Attachment

Considering:

• a. that in order to implement the provision in Article 3 paragraph (6) of Government Regulation No. 35/2005 regarding export levies on certain exported goods, it is necessary to stipulate a regulation of the Minister of Trade on stipulation of export check prices of certain exported goods;
• b. that in relation thereto, it is necessary to issue a regulation of the Minister of Trade;

In view of:

• 1. Trade Ordinance of 1934 (Statute Book of 1938 No. 86);
• 2. Law No. 10/1995 on Customs Affairs (Statute Book of 1995 No. 75, Supplement to Statute Book No. 3612);
• 3. Law No. 20/1997 on non-tax state revenue (Statute Book of 1999 No. 30, Supplement to Statute Book No. 3888);
• 4. Government Regulation No. 35/2005 on export levies on certain exported goods (Statute Book of 2005 No. 82, Supplement to Statute Book No. 4531);
• 5. Presidential Decree No. 260/1967 on affirmation of tasks and responsibility of the Minister of Trade in the Foreign Trade Sector;
• 6. Presidential Decree No. 187/M/2004 on establishment of the United Indonesia Cabinet as has already been amended by Presidential Decree No. 8/M/2005;
• 7. Presidential Regulation No. 9/2005 on the status, tasks, function, organizational structures and working arrangements of state ministries as has already been amended several times by the latest Presidential Regulation of Republic of Indonesia No. 62/2005;
• 8. Presidential Regulation No. 10/2005 on first-echelon organizational units and tasks of state ministries as has already been amended several times and the latest by Presidential Regulation No. 15/2005;
• 9. Decree of the Minister of Industry and Trade No. 558/MPP/KEP/12/1998. Regulation of the Minister of Trade No. 01/M-DAGPER/1/2007 on export general provisions;
• 10. Regulation of the Minister of Trade No. 25/M-DAG/PER/12/2005 on procedures for stipulation of export check prices of certain exported goods;
• 11. Regulation of the Minister of Trade No. 59/M-DAG/KEP/3/2006 dated March 29,2006 on the Establishment of the Team for Stipulating Export Check Prices (HPE) of Certain Exported Goods;

Observing:

• 1. Result of the Coordinating Meeting With Related Institutions and Associations on February 28, 2007 regarding Stipulation of HPE of Certain Exported Goods in the Marc 10, 2007 - April 9, 2007 period.
• 2. Letter of the Director General of Agricultural Product Processing and Marketing, Ministry of Agriculture No. 130/PP.220/G/111/2007 dated March 2, 2007 on Prices of Crude Palm Oil and Derivative Products in January 2007 as input to Export Check Prices in the March - April 2007 Period.

HAS DECIDED:

To stipulate:

THE REGULATION OF THE MINISTER OF TRADE ON STIPULATION OF EXPORT CHECK PRICES (HPE) OF CERTAIN EXPORTED GOODS

Article 1

The Minister in charge of trading affairs or the appointed official in this case the Director General of Foreign Trade shall stipulate Export Check Prices (HPE) of certain exported goods every month.

Article 2

HPE as intended in Article 1 shall be Stipulated by referring to international average prices and/or FOB average prices at seaports in Indonesia in one month before the stipulation of HPE.

Article 3

The amount of HPE of timber, rattan, coal, sand, oil palm, crude palm oil and their derivative products and leather shall be as contained in the attachment to this regulation.

Article 4

HPE as set forth in Article 3 shall be the basis for calculating export levies (PE).

Article 5

HPE as intended in Article 3 shall apply for one month, starting from March 10, 2007 - April 9, 2007.

Article 6

In the case of the validity period of HPE stipulated on the basis of this regulation which had already expired and new HPE is yet to be stipulated, HPE as contained in the attachment to this regulation shall remain effective as the basis for calculating PE until new export prices are stipulated.

Article 7

With the enforcement of this regulation, the Export Check Prices (HPE) as contained in the Attachment to Regulation of the Minister of Trade No. 07/M-DAG/PER/2/2007 on Stipulation of Export Check Prices (HPE) of Certain Exported Goods shall be declared null and void.

For public cognizance, the regulation shall be published in State Gazette of the Republic of Indonesia.

Stipulated in Jakarta
On March 5, 2007
THE MINISTER OF TRADE
Signed
MARI ELKA PANGESTU

Attachment to REGULATION OF THE MINISTER OF TRADE
No. 12/M-DAG/PER/3/2007