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Foundations

Joining the Club

Tuesday, August 6, 2002

The new law on foundations will shortly go into effect. Thousands of organizations are affected, and many may close in the wake of its implementation.

arsip tempo : 172853040623.

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The discouraging prospects for the outcome of the Law on Foundations seem to be more alarming than the consequences of the heated meetings taking place in the annual session of the People's Consultative Assembly (MPR). Opposition is such that a revision of the law is a distinct possibility.

There is widespread concern that thousands of foundations might have to disband when the new Law on Foundations takes effect from August 6. Law No. 16 of

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