AIBC NSW and AIBC Victoria Members' Briefing:
"Changes to Indonesia's Mining Regulations - what is the impact on Australian investors?"
Supported by Norton Rose Australia
AIBC NSW and AIBC VIC present this Members' Briefing in cooperation with Norton Rose Australia. As reported extensively in the Australian press, significant changes have recently been made in the regulation of Indonesia's mining sector. Press coverage has focused on resource nationalisation and divestment requirements for foreign investment companies (PMA Companies) holding an IUP, which have increased from 20% to 51%. Other recent developments include changes to provisions on the transfer of IUPs and on who can issue an IUP to a PMA Company. There is also a new regulation on the ban of the export of raw commodities. This Member's Briefing will provide an overview of these recent developments and their impact on Australian investors, and will also cover related areas of interest such as the "Forest Moratorium" and changes to restrictions on jobs which can be held by expats working in Indonesia.
This Members' Briefing will be presented by Rebecca Mohr, Partner of Norton Rose Australia. Rebecca has recently returned from a five year posting in Jakarta. She has extensive experience acting for Australian, Canadian, Indonesian and other Asian investors in the mining sector and has worked on multiple projects under the "old" Mining Law and the Mining Law 2009.
Rebecca will present this briefing in Norton Rose Australia's Sydney office, with a live video-broadcast to Norton Rose Australia's Melbourne office where the seminar will be hosted by James Stewart, Partner and Head of Infrastructure, Mining and Commodities, Australia. Norton Rose Australia's Melbourne office is located in RACV Tower, Level 15, 485 Bourke Street, Melbourne. Drinks and canapés will be served after in both locations.
This event is free for AIBC NSW and Victoria Members, however, registrations are essential for catering purposes. Registrations for this event close Tuesday 10 April 2012.