Common use of Foreign Capital Ownership Limitation Clause in Contracts

Foreign Capital Ownership Limitation. Coral breeding/cultivating with maximum foreign capital ownership of 49% Source of Measure: Law No. 27 of 2007 concerning Management of Coastal Areas and Small Islands Law No. 31 of 2004 as amended by Law No. 45 of 2009 Concerning Fishery Law No. 5 of 1983 Concerning Indonesia's Exclusive Economic Zone Presidential Regulation No.36 of 2010 Concerning The List of Businesses Closed and List of Businesses Opened With Reservation In The Investment Sector Regulation of the Minister of Marine Affairs and Fisheries of the Republic of Indonesia No. PER.O5/MEN/2008 as amended by No. PER.12/MEN/2009 regarding Capture Fishery Business. Regulation of the Minister of Marine Affairs and Fisheries of the Republic of Indonesia No. PER.12/MEN/2007 regarding Aquaculture Business Licensing Regulation of the Minister of Marine Affairs and Fisheries of the Republic of Indonesia No. PER.O5/MEN/2009 regarding Aquaculture Business Scale Decree of the Minister of Forestry of the Republic of Indonesia No. 447/Kpts-II/2003 regarding Procedures on Exploitation or Capturing and Distribution of Wild Plants and Animals Government Policy