“LEX INIUSTA non est lex (an unjust law is no law at all)”—this legal maxim originates from St. Augustine, and became a motto for Thomas Aquinas and was quoted by Martin Luther King Jr. Currently, Indonesia has many laws and regulations. Through the 1945 Constitution, it stipulates that all previous laws and regulations prior to independence will still be applicable unless they are revoked. Hence, Indonesia has been using the Criminal Code, Civil Code, and Commercial Code from the Netherlands. In addition, the government and the House of Representatives promulgate many new laws.
Through the 1945 Constitution, it stipulates that all previous laws and regulations prior to independence will still be applicable unless they are revoked. Hence, Indonesia has been using the Criminal Code, Civil Code, and Commercial Code from the Netherlands. In addition, the government and the House of Representatives promulgate many new laws.
Some of those laws and regulations may follow the determined procedure, some may not. Indonesia has a 2011 law on the formation of laws and regulations that stipulates the legal principles of the formation of laws and regulations. It also regulates the procedures and forms of the laws and regulations— this is important so that each law and regulation will be legitimate.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
BACK ON TRACK
Collective wealth gets a 21% boost to a record $162 billion amid an economic uptick.
Championing Locals
The wave of social commerce is enabling inclusive digital economies beyond urban areas.
Boys in the Bubble
Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.
Enduring Relations
The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.
Sweet Success
Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.
Marathon Man
Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.
Gold Rallies on Inflation Fears
During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.
Set Off to A New Start
Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.
The Daily Intake
YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.
THE CROESUS OF CRYPTO
FTX COFOUNDER SAM BANKMAN-FRIED BUILT A $22.5 BILLION FORTUNE BEFORE HIS 30TH BIRTHDAY BY PROFITING OFF THE CRYPTOCURRENCY FRENZY—BUT HE’S NOT A TRUE BELIEVER. HE JUST WANTS HIS WEALTH TO SURVIVE LONG ENOUGH TO GIVE IT ALL AWAY.