Ecolex Logo
El portal del
derecho ambiental
Resultados de la búsqueda » Legislación

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