Firms may lose licenses

Firms may lose licenses

JAKARTA (JP): Minister of Industry Tunky Ariwibowo yesterday
announced how factories could lose their licenses.

"The license of any industrial company can be revoked when it
expands its factory without giving notice to my office or moves
without written consent," Tunky said.

He said that factories could lose their licenses if they
destroyed the environment or engaged in business not stated in
their licenses.

Companies will have their licenses revoked if they don't
report the commencement of operations within a certain period or
if they intentionally submit false information.

According to the deregulation package announced on May 23, the
government has done away with provisional licenses and will now
issue business licenses which are valid for the company's
lifetime. (rid)