Decree No. 650/MPP/Kep/10/2004 concerning provisions on the operation of forward auction market of agro commodities. País/Territorio Indonesia Tipo de documento Reglamento Fecha 2004 Fuente FAO, FAOLEX Fuente original Business News No.7155-7156, 29 December 2004, pp. 2A-12A. Materia Agricultura y desarrollo rural Palabra clave Productos agrícolas Comercio interior Institución Área geográphica Asia, Asia y Pacifico, Mares del Asia Oriental, Océano Índico, Asia Sudoriental Entry into force notes The Decree enters into force on 18 October 2004. Resumen This Decree provides for the development of a forward auction market of agro commodities. The Futures Commodity Trade Supervisory Board, referred to as the Bappebti fosters in the Decree, regulates and supervises the implementation of activities of forward auction market of agro commodities (art. 3). Organizers of the Forward auction market must establish an organizational structure and are obliged to cooperate with clearing and underwriting institutions to assure the settlement of transactions (arts. 7-10). Chapter III defines the members of the forward auction market, requirements that must be fulfilled, rights and obligations of members, etc. Chapter V defines the mechanisms of transaction of the forward auction market. Texto completo Inglés