REGULATION OF THE MINISTER OF FINANCE
No. 159/PMK.011/2008

CONCERNING
THE TENTH AMENDMENT TO REGULATION OF THE MINISTER OF FINANCE No. 92/PMK.02/2005 CONCERNING STIPULATION OF CERTAIN EXPORTED GOODS AND RATES OF EXPORT LEVY

THE MINISTER OF FINANCE,

Attachment

Considering:

a. that in the framework to solve impact of significant CPO price in the international market, it is necessary to strengthen exports by eliminating export barriers and reducing the tariff of export of palm oil, CPO and their By Products;

b. that based on consideration as intended in paragraph a, it is necessary to stipulate Regulation of the Minister of Finance concerning the Tenth Amendment to Regulation of the Minister of Finance No. 92/PMK.02/2005 concerning Stipulation of Certain Exported Goods and Rates of Export Levy;

In view of:

1. Government Regulation No. 35/2005 concerning Export Levy on Certain Exported Goods (Statute Book No. 82/2005, Supplement to Statute Book No. 4531);

2. Presidential Decree No. 20/P/2005;

3. Regulation of the Minister of Finance No. 92/PMK.02/2005 concerning Stipulation on Certain Exported Goods and the Amount of Export Levy as amended several times, the latest by Regulation of the Minister of Finance No. 72/PMK.011/2008;

HAS DECIDED:

To stipulate:

THE REGULATION OF THE MINISTER OF FINANCE CONCERNING THE TENTH AMENDMENT TO REGULATION OF THE MINISTER OF FINANCE No. 92/PMK.02/2005 CONCERNING STIPULATION OF CERTAIN EXPORTED GOODS AND AMOUNT OF EXPORT LEVY.

Article I

Several provisions in Regulation of the Minister of Finance No. 92/PMK.02/2005 concerning Stipulation of Certain. Exported Goods and Amount of Export Levy as amended several times by Regulation of the Minister of Finance:

1. To amend Article 3 paragraph (1A) of Regulation of the Minister of Finance No. 92/PMK.02/2005 as amended the latest by No. 72/PMK.011/2008 so as to become as follows:

"Article 3

(1) The certain types of export goods and the tariffs of export levies as intended in Article 2 shall be as contained in Attachment to this Regulation of the Minister of Finance.

(1a) The following provisions shall apply to the setting and imposition of the tariffs of export levies on export goods in the form of palm oil, CPO, and their by products;

(1b) The reference price as intended in paragraph (1a) shall be set by the minister responsible for the trade sector by observing the price of CPO CIF Rotterdam.

(2) deleted."

2. To amend Attachments I, II, III, IV, V, VI, VII, and VIII to Regulation of the Finance Minister No. 72/PMK.011/2008 concerning the Ninth Amendment to Regulation of the Finance Minister No. 92/PMK.02/2005 concerning the Certain Types of Export Goods and the Tariffs of Export Levies to become those as stipulated in Attachments to this Regulation of the Minister of Finance.

Article II

This Regulation of the Minister of Finance shall come into effect since November 1, 2008.

For public cognizance, this Regulation of the Minister of Finance shall be announced in the State Gazette of the Republic of Indonesia.

Stipulated in Jakarta
on October 30, 2008
MINISTER OF FINANCE,
signed,
SRI MULYANI INDRAWATI