11 Points Of Working Committee Results For BUMN Bill, Status Of The Ministry Has Turned Into A Body To Prohibit Multiple Positions

Illustration: Photo: Doc. ANTARA

JAKARTA - The Indonesian House of Representatives (DPR) is discussing the revision of Law Number 1 of 2025 concerning State-Owned Enterprises (BUMN). This revision is also to accommodate the Constitutional Court's (MK) decision regarding the prohibition of concurrent positions.

Deputy Chairman of Commission VI of the DPR and Chair of the Working Committee for the BUMN Bill Andre Rosiade said the Working Committee (Panja) had held a series of meetings in the context of discussing the Draft Law on the fourth Amendment to Law Number 19 of 2003 concerning State-Owned Enterprises.

Andre said the discussion included general opinion with experts, academics, inventory list discussions, and synchronization carried out through the formulation team and synchronization team.

"So there are 84 articles that we changed in this bill," he said at the BUMN Bill Working Meeting, at the DPR Building, Jakarta, Friday, September 26.

Andre said there were at least 11 main ideas contained in the Bill on the fourth amendment to Law Number 19 of 2003 concerning State-Owned Enterprises (BUMN).

One of them, said Andre, is the regulation regarding institutions that carry out government duties in the BUMN sector with the nomenclature of the BUMN Regulatory Agency which is then called BP BUMN.

"So earlier the name was the BUMN Regulatory Agency which was later called BP BUMN," he said.

The following are the details of the 11 main ideas contained in the BUMN Bill:

1. Arrangements related to institutions that carry out government duties in the BUMN sector with the nomenclature of the BUMN Regulatory Agency which is subsequently called BP BUMN

2. Adding the authority to play the role of BP BUMN in optimizing the role of SOEs

3. Regulation of series A Dwi Warna share dividends is managed directly by BP BUMN with the approval of the president

4. Prohibition of concurrent positions for the Minister and Deputy Minister at the Board of Commissioners and Councils or the Supervisory Board of SOEs as a follow-up to the decision of the Constitutional Court

5. Deleting the provisions of members of the Board of Directors, members of the Board of Commissioners and Supervisory Board are not state administrators

6. Gender Equality for BUMN employees who occupy the position of Director of Commissioners and Manager Positions at BUMN

7. Taxation treatment for transactions involving the Operational Holding Body, Investment Holding or third party regulated in government regulations

8. Regulate the election of SOE management which is designated as a fiscal tool from BP BUMN

9. Regulation of the SOE's financial audit authority by the Supreme Audit Agency

10. Arrange an alignment mechanism from the Ministry of SOEs to BPBUMN

11. Arrange the term of concurrent term of office of the Minister or Deputy Minister as BUMN organs since the decision of the Constitutional Court was pronounced, as well as other substantial arrangements