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Chapter XIV
| ADMINISTRATIVE SANCTION |
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| Article 102 |
| (1) |
BAPEPAM may impose
administrative sanctions for violations
of this Law and/or its implementing
regulations against every Person that is
licensed, approved or registered with
BAPEPAM. |
| (2) |
The administrative
sanctions referred to in item (1)
may consist of: |
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a. |
written
admonitions; |
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b. |
fines; |
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c. |
restrictions on
business activity; |
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d. |
suspensions
of business activity; |
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e. |
revocations
of business licenses; |
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f. |
cancellations
of approvals; and |
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g. |
cancellations
of registrations. |
| (3) |
Further provisions
regarding the administrative sanctions in
items (1) and (2) shall be
determined by Government Regulation. |
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