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Law of the Republic of Indonesia No. 40 of 2007 concerning Limited Liability Companies.

Country/Territory
Indonesia
Document type
Legislation
Date
2007
Source
FAO, FAOLEX
Subject
Environment gen.
Keyword
Legal proceedings/administrative proceedings Liability/compensation Business/industry/corporations
Geographical area
Asia, South-Eastern Asia
Entry into force notes
This Act enters into force on 16 August 2007.
Abstract

This Law, consisting of 161 articles divided into XIV Chapters, regulates Environmental and Social Responsibility. Article 74 specifies that: Companies doing business in the field of and/or in relation to natural resources must put into practice Environmental and Social Responsibility. The specified Environmental and Social Responsibilities constitute an obligation of the Company which shall be budgeted for and calculated as a cost of the Company performance of which shall be with due attention

Full text
English
Website
irmadevita.com

References - Legislation

Implemented by

Government Regulation of the Republic of Indonesia No. 47 of 2012 on Social and Environmental Responsibility of Limited Liability Company.

Legislation | Indonesia | 2012

Keyword: Legal proceedings/administrative proceedings, Liability/compensation, Business/industry/corporations, Community management, Monitoring

Source: FAO, FAOLEX