Name: |
Decree of the Minister of Finance on Direct Audit of Pension Funds (No. 512/KMK.06/2002). |
Country: |
Indonesia |
Subject(s): |
Old-age, invalidity and survivors benefit |
Type of legislation: |
Regulation, Decree, Ordinance |
Adopted on: |
2002-12-04 |
Entry into force: |
|
Published on: |
Business News [English version], 2003-02-10, No. 6873, pp. 1A-3A
|
ISN: |
IDN-2002-R-63373 |
Link: |
https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=63373&p_lang=en |
Bibliography: |
Business News [English version], 2003-02-10, No. 6873, pp. 1A-3A
|
Abstract/Citation: |
Provides for direct audit of pension funds so as to ensure their effective and efficient operation. Divided into 8 parts. Part 1 contains general provisions. Part 2 establishes basis for direct audit. Direct audit is executed based on consideration of risks of pension funds. Part 3 sets forth objectives of direct audit; Part 4 deals with procedural matters. Part 5 provides for reporting, Part 6 for submission of objection to reports on results of direct audit, and Part 7 for sanctions. Part 7 contains concluding provisions. |