| 2. |
A Member of a
Securities Exchange is a Broker-Dealer,
licensed by BAPEPAM, that is permitted by
the rules of the Securities Exchange to
use its systems and facilities. |
| 3. |
A Securities
Administration Agency is a Person that,
under contract, maintains ownership
records of an Issuer’s Securities
and distributes entitlements on such
Securities. |
| 4. |
A Securities
Exchange is a Person that organizes and
provides the system and facilities that
are used to bring together offers of
those who intend to buy and sell
Securities. |
| 5. |
Securities are
promissory notes, commercial paper,
shares, bonds, evidences of indebtedness,
Participation Units of collective
investment contracts, futures contracts
related to Securities, and all
derivatives of Securities . |
| 6. |
An Issuer is a
Person who makes a Public Offering. |
| 7. |
Material
Information is any important and relevant
fact concerning events, incidents or data
that may affect the price of a Security
on an Exchange or that may influence the
decisions of investors, prospective
investors or others that have an interest
in such information. |
| 8. |
A Custodian is a
Person who provides safekeeping services
with respect to Securities and
Securities-related assets and other
services, including collection of
dividends, interest, and other
entitlements, the settlement of
Securities Transactions, and agency
services for clients who are account
holders. |
| 9. |
A Clearing
Guarantee Institution is a Person that
clears and guarantees the settlement of
Securities Exchange Transactions. |
| 10. |
A Central
Securities Depository is a Person that
acts as a central Custodian for Custodian
banks, Securities Companies and others. |
| 11. |
An Investment
Manager is a Person other than an
insurance Company, pension fund or bank
with respect to its own lawful
activities, that, as a business, manages
Securities Portfolios or collective
investment Portfolios for clients or
groups of clients. |
| 12. |
The Minister is The
Minister of Finance of The Republic of
Indonesia |
| 13. |
The Capital Market
is the activity of trading and Offering
Securities to the Public, the activity of
a Public Company with respect to
Securities it has issued, and the
activities of Securities-related
institutions and professions. |
| 14. |
An Investment
Advisor is a Person who, for a fee,
renders advice to others regarding the
sale or purchase of Securities. |
| 15. |
A Public Offering
is an offer to sell Securities to the
public, made by an Issuer in ways
stipulated in this Law and its
implementing regulations. |
| 16. |
Collective Custody
is the service of safekeeping Securities
owned jointly by more than one Person
whose interests are represented by the
Custodian. |
| 17. |
An Underwriter is a
Person who makes an agreement with an
Issuer to conduct a Public Offering, with
or without the obligation to purchase
Securities that are not sold. |
| 18. |
A Broker-Dealer is
a Person who engages in the business of
buying and selling Securities for the
account of others or for his own account. |
| 19. |
A Registration
Statement is the set of documents that
must be submitted to BAPEPAM by a Public
Company, or by an Issuer in a Public
Offering. |
| 20. |
A Company is a
limited liability company as defined in
Law Number 1 of 1995 on Limited Liability
Companies (Article 1, item 1 in the
General Provisions). |
| 21. |
A Securities
Company is a Person who engages in the
business of Underwriter, Broker-Dealer
and/or Investment Manager. |
| 22. |
A Public Company is
a Company that has at least 300
shareholders and a paid-in capital of at
least three billion rupiah, or such other
number of shareholders and paid-in
capital that may be stipulated in
Government Regulations. |
| 23. |
A Person is a
natural person, a Company, a partnership,
an association or any organized group. |
| 24. |
A Securities
Portfolio is a collection of Securities
that is owned by a Person or Persons. |
| 25. |
The Disclosure
Principle is the general guideline that
requires an Issuer, a Public Company, and
other Persons subject to this Law, to
disclose to the public within a certain
time, Material Information with respect
to their business or Securities, when
such information may influence decisions
of investors in such Securities and/or
the price of the Securities. |
| 26. |
A Prospectus is
written information that is intended to
induce another Person to buy Securities
in a Public Offering |
| 27. |
An Investment Fund
is a vehicle used by an Investment
Manager to gather funds from the public
for investment in a Securities Portfolio. |
| 28. |
A Securities
Exchange Transaction is a contract
between Members of a Securities Exchange
in accordance with Exchange rules, that
relates to the purchase, sale, borrowing,
lending, or other contractual arrangement
regarding Securities or the price of
Securities. |
| 29. |
A Participation
Unit is the method of measuring a
Person’s ownership interest in a
collective investment Portfolio. |
| 30. |
A Trust-Agent is a
Person who represents the interests of
holders of credit Securities. |
