This is pursuant to Article 99 paragraph (1) Rv stating3536that in the event of primary debtor and guarantor, the legal proceedings shall befiled to District Court whose jurisdiction covers the residence of primary debtor(in this case CoDefendant as debtor whose residence is within the jurisdictionof District Court of Cilacap).

(Article 1313of ICC); /A12 Whereas in Point 2 of the Deed of Payment and Completion Guarantee No.60 (see Exhibit P11), Defendants shall be severally liable to SyndicatedCreditors (currently Plaintiff) in the form of reimbursement in the event ofcost overrun arising out from the development of CoDefendant's CilacapFlour Mill. For details, We quote as follows:2.

Article1267 of Indonesian Civil Code as follows:Obligation to do something or not to do something, in the event of debtor'sdefault of his obligations, shall take form of reimbursement, indemnity, andinterest (Article 1239 of ICC);Reimbursement, indemnity, and interest for default of an obligation shall bedue and payable when the debtor, having been declared to be in default of hisobligations, continuously fails the same, if something to be given or to be doneby him, shall be given or done only within

(Article 1267 of ICC);26 Whereas Plaintiff as the Facility Agent shall reserve right to claim againstDefendants to pay guarantee for cost overrun to CoDefendant.

,Notary Public in Jakarta;To declare that Plaintiff shall be entitled to claim against Defendant topay guarantee for cost overrun in accordance with the results of auditand valuation independent accountant public, PWC, amounting toUS$ 4,430,253.

Rangka ASEANChina Free Trade Area, didalamPeraturan Menteri Keuangan Nomor 235/PMK.011/2008 tentangPenetapan Tarif Bea Masuk Dalam Rangka ASEANChina FreeTrade Area, tidak ada larangan tentang Tanggal B/L mendahuluiTanggal SKA atas impor barang terkait dengan pemberlakuanperjanjian perdagangan bebas (Free Trade Area) antar Negara.bahwa berdasarkan Rule 12, Rules Of Origin For The AseanChina Free Trade Area disebutkan A claim that products shallbe accepted as eligible for preferential concession shall

Area disebutkan The Certificate of Originshall be issued by the relevant Government authorities of theexporting Member State at the time of exportation or soonthereafter whenever the products to beexported can be consideredoriginating in that Party within the meaning of the ASEAN China Rules of Origin.bahwa berdasarkan Apendix 1 Rule 11 Revised OperationalCertification Procedures for the Rules of Origin of the ASEAN CHINA Free Trade Area disebutkan In principle, a Certificate of Origin (Form E) shall

In exceptional cases where the Certificate of Origin(Form E) has not been issued by the time of shipment or no laterthan three (3) days from the date of shipment, at the request of theexporter, the Certificate of Origin (Form E) shall be issuedretroactively in accordance with the domestic laws, regulationsand administrative rules of the exporting Party within twelve (12)months from the date of shipment, in which case it is necessary toindicate ISSUED RETROACTIVELY in Box 13.

The People's Republic of China dan PeraturanPresiden Republik Indonesia Nomor 37 Tahun 2011 tentang Pengesahan SecondProtocol To Amend The Agreement On Trade In Goods Of The FrameworkAgreement On Comprehensive Economic CoOperation Between The Association OfSoutheast Asian Nations And The Peoples Republic Of China.bahwa berdasarkan Appendix 1: Revised Operational Certification Procedures (OCP)For The Rules Of Origin Of The AseanChina Free Trade Area pada Rule 7dinyatakan The Issuing Authorities shall

Certificate of Origin (Form E), and signed by theauthorised signatory,(b) The origin of the product is in conformity wth the Rules of Origin for the ACFTA,(c) The other statements of the Certificate of Origin (Form E) correspond to supporting documentaryevidence submitted,(d) Description, quantity and weight of products, marks and number of packages, number and kinds ofpackages, as specified, conform to the products to be exported,(e) Multiple items declared on the same Certificate of Origin (Form E) shall

be allowed subject to thedomestic laws, regulations and administrative rules of the importing Party provided each item mustqualify separately in its own right.bahwa berdasarkan Annex 3 "Rules of Origin for The ASEANChina Free TradeArea" disebutkan Within the meaning of Rule 2 (a), the following shall be consideredas wholly produced or obtained in a Party:Plant and plant products harvested, picked or gathered there,Live animals born and raised there,Product obtained from live animals referred to

This Policy shall be construed in accordance with Indonesia Law and anydispute or difference between the Insured and the Insurers shall be submitted toarbitration in Jakarta in accordance with the Statutory provision for arbitrationfor the time being in force"(vide Bukti T1)Hal. 7 dari 18 hal. Putusan No.373/Pdt.G/2013/PN.Jkt.

This Policy shall be construed in accordance with Indonesia Law and any disputeor difference between the Insured and the Insurers shall be submitted to arbitrationin Jakarta in accordance with the Statutory provision for arbitration for the timebeing in force";Menimbang, bahwa sesuai dengan ketentuan Pasal 3 UndangUndang RepublikIndonesia Nomor : 30 Tahun 1999 tentang Arbitrase dan Alternatif PenyelesaianSengketa menyatakan Pengadilan Negeri tidak berwenang untuk mengadili sengketapara pihak yang

Perjanjian Pengalihan 1968 dalam Pasal V.B.1 menyatakan secara jelasketentuan Para Penjual untuk pertahankan interest, sebagai berikut:"Buyer shall pay to Seller within sixty days following the end of eachcalendar guarter from the proceeds of sale of crude oil which itreceives in such guarter not less than three and onehalf cents andnot more than four cents in respect of each barrel of crude oilHal 57 dari 92 hal. Put.

Ketentuan KBH Blok B yang sepakati olehPemerintah Indonesia dan Pemohon Peninjauan Kembali menetapkanpembagian antara Pemerintah dan Pemohon Peninjauan Kembalisebagai berikut:KBH Blok B 1978:Article 6.1.5"of the crude oil remaining after deducting First Tranche Petroleuminvestment credit and Operating Costs, PERTAMINA shall be entitled totake and received 65.9091% and CONTRACTOR shall be entitled to takeand receive 34.0909%".Article 6.2.3 (a)"for natural gas from the Arun Gas Field produced to supportPERTAMINA's

KBH Blok B 1998:Article 6.1.36667"of the crude oil remaining after deducting First Tranche Petroleuminvestment credit and Operating Costs, PERTAMINA shall be entitled totake and received 71.1538% and CONTRACTOR shall be entitled to takeand receive 28.8462%".Article 6.2.3 (a)"for natural gas from the Arun Gas Field produced to supportPERTAMINA's export sales contracts of LNG and LPG, 51.9231% forPERTAMINA and 48.0769% for CONTRACTOR."

Section 5.2 (s) dari KBHBlok B menyatakan sebagai berikut:Contractor shall:(Ss) pay to the Government of The Republic of Indonesia the Income Taxincluding final tax on profits after tax deduction imposed on it pursuant tothe Indonesian Income Tax Law and its implementing Regulations.CONTRACTOR shall comply with the requirements of the law inparticular with respect to filing of returns, assessment of tax and keepingand showing of books and records".7071Yang terjemahan Bahasa lIndonesianya adalah sebagai

Blok B 1998:Article 6.1.3"of the crude oil remianing after deducting First Tranche Petroleuminvestment credit and Operating Costs, PERTAMINA shall beentitled to take and received 71.1538% and CONTRACTOR shallbe entitled to take and receive 28.8462%".Article 6.2.3 (a)Hal 83 dari 92 hal. Put. No. 589/B/PK/PJK/201184"for natural gas from the Arun Gas Field produced to supportPERTAMINA's export sales contracts of LNG and LPG, 51.9231%for PERTAMINA and 48.0769% for CONTRACTOR."

On Comprehensive Economic CoOperation BetweenAssociation Of South East Asian Nation And The Peoples Republic Of China (ProtKedua Untuk Mengubah Persetujuan Perdagangan Barang Dalam Persetujuan KeranKerja Mengenai Kerjasama Ekonomi Menyeluruh Antara NegaraNegara Anggota AsosBangsaBangsa Asia Tenggara Dan Republic Rakyat China), yaitu pada Annex 3 "RulesOrigin For The The AseanChina Free Trade Area", dinyatakan:Rule 2: Origin CriteriaFor the purposes of this Agreement, products imported by a Party shall

be deemed tcoriginating and eligible for preferential concessions if they conform to the orrequirements under any one of the following:Products which are wholly obtained or produced as set out and defined in Rule 3; orProducts not wholly produced or obtained provided that the said products are eligible utRule 4, Rule 5 or Rule 6.bahwa pada Rule 3, disebutkan, sebagaimana kutipan berikut:Rule 3: Wholly Obtained ProductsWithin the meaning of Rule 2 (a), the following shall be considered as wholly

Form E, tanggal 17Juli 2011 adalah tanggal kapal tersebut transit di Hongkong (master B/L Nomor:KMTCJMNO0015121),e bahwa benar Form E dengan Nomor: E114407H40460010 tanggal 14 Juli 2011 diissuedpada saat yang bersamaan dengan waktu ekspor barang (sesuai dengan house B/L Nomor:FSJKT11J11009 tanggal 14 Juli 2011),e bahwa Pemohon Banding sudah mengikuti ketentuan yang ada di Rule 10 (operationalcertification procedures for the rules of origin untuk ACFTA) yang menjelaskan thecertificate of origin shall

The Certificate of Origin shall be issued by the relevant governmentauthorities of the exporting party at the time of exportation or soonthereafter whenever the products to be exported can be sonsideredoriginating in the party within the meaning of the ASEANChina Rules ofOrigin.bahwa pengertian tanggal eksportasi tidak sama dengan pengertian tanggalpengapalan yang diterjemahkan oleh Terbanding sebagai tanggal B/L.bahwa Majelis berpendapat SKA (Form E) Nomor: E114407H40460010tanggal 14 Juli 2011 telah

Klasifikasi Barangbahwa berdasarkan Sub Heading Explanatory Notes, Sub heading 1507.10disebutkan:Fixed vegetable oils, fluid or solid, obtained by pressure, shall be consideredas crude if they have undergone no processing other than decantation,centrifugation or filtration, provided that, in order to separate the oils fromsolid particles only mechanical force, such as gravity, pressure or centrifugalforce, has been employed, excluding any adsorption filtering process,fractionation or any other physical

If obtained byextraction an oil shall continue to be considered as crude, provided it hasundergone no change in colour, odour or taste when compared with thecorresponding oil obtained by pressure.bahwa berdasarkan BTKI 2012, pos tarif 15.12, susunan possubpos nyaadalah sebagai berikut :15.12 Minyak biji bunga matahari, safflower atau Sunflowerseed, safflowebiji kapas dan fraksinya, dimurnikan oil and fractions thereof,maupun tidak, tetapi tidak dimodifikasi refined, but not chemicalsecara kimia.

(c) Lampiran F Agreement: ...The Final Invoice shall be paid on or before 30 (thirty) calendardays after the WORK Acceptance Report orCompletion Certificateis Signed. Serta teriemahannya dalam Bahasa Indonesia: ..Tagihan Akhir harus dibayar pada atau sebelum hari 30 (tigapuluh) hari kalender setelah Penerimaan Laporan PEKERJAAN atau Sertifikat Penyelesaian ditandatangani.

bahwaTergugat dan TAC Pertamina PT PAN telah sepakat menerapkannofault indemnity regime, yakni bahwa keduanya akan salingmemberikan penanggungan/pembebasan (indemnity) kepadapihak lain atas risiko yang ada, terlepas dari penyebab terjadinyarisiko tersebut, dan masingmasing pihak akan bertanggung jawabterhadap' setiap hal yang kewajibannya masingmasingberdasarkan Agreemeni. ++ =Berikut kutipannya: 2222222 22202 =The PARTIES intend that a mutual, nofault indemnity regime,supported by insurances, shall

apply and that each party shall beresponsible for those it causes to be in the vicinity of a WORKLOCATION or participating in the WORK.

SUCH INDEMNITY SHALL APPLYREGARDLESS OF WHETHER CAUSED OR BROUGHTABOUT BY ANY SECOND PARTY GROUP NEGLIGENCE OROTHER LEGAL FAULT ...

Lampiran F Agreement).Berikut kutipannya : SECOND PARTY Tergugat and FIRST PARTY fTACPertamina PT PAN, each on its own behalf and on behalf ofits Group, waive and release all rights and claims against theother PARTY and its Group for, and shall indemnify and holdharmless the other PARTY and its Group, for any loss of profitor anticipated profit, loss of revenues, production or drillinghal 35 dari 43 hal put.

permasalahan yang timbuldari atau sehubungan dengan pelaksanaan Kontrak Utama akan diselesaikanoleh Para Pihak (dalam hal ini Penggugat Dalam Konvensi dan Turut TergugatDalam Konvensi dan Dalam Rekonvensi) melalui arbitrase yangdiselenggarakan oleh Singapore International Arbitration Centre (SIAC) danmenggunakan peraturan dari SIAC.Secara lengkap Pasal 27 dari Kontrak Utama menyatakan sebagai berikut:Halaman 9Putusan Perdata Nomor 350/Pdt.G/2020/PN.JKT.SELbesaes If any dispute or difference of any kind shall

arise between the Contractorand the Subcontractor in connection with the Subcontract or carrying out of theSubcontract Works the Parties shall endeavor through productive discussionsto reach an amicable understanding about the matters in disagreement toachieve a final settlement agreeable to both Parties, before referring suchdisagreement to the Arbitration process.....

Without prejudice in any way to the foregoing, if, within fifteen (15) calendardays after the date of the above decision in writing by Contractor theSubcontractor does not accept such Contractor decision, then Subcontractormay notify Contractor that the matter shall be finally referred to and settled bythe arbitrator to be agreed upon the Parties...."Article 27 of PTC: ".... The venue of arbitration Singapore InternationalArbitration Centre (SIAC)..."Terjemahan bebas....

Bahwa Secara lengkap Pasal 27 dari Kontrak Utama menyatakan sebagaiberikut:Halaman 21Putusan Perdata Nomor 350/Pdt.G/2020/PN.JKT.SELbesaes If any dispute or difference of any kind shall arise between the Contractorand the Subcontractor in connection with the Subcontract or carrying out of theSubcontract Works the Parties shall endeavor through productive discussionsto reach an amicable understanding about the matters in disagreement toachieve a final settlement agreeable to both Parties, before referring

The arbitration panel shall consist of there (3)Hal. 5 dari 66 halaman putusan perkara Nomor 914/Pdt.G/2014/PN Dps.13.14.arbitrators, one (1) closed by the complainant, one (1) chosen by the respondentand a chairman chosen by the arbitrators named by the complainant and therespondent dalam terjemahan bebasnya berarti: Perselisihan antara para pihakyang muncul dan perjanjian ini atau dari perjanjian lain yang terkait denganperjanjian ini yang tidak dapat diselesaikan oleh Presiden Direktur yangmenyewakan

The arbitrationpanel shall consist of three (3) arbitrators, one (1) chosen by thecomplainant, one (1) chosen by the respondent and a chairman chosen bythe arbitrators named by the complainant and the respondent;The Parties expressly agree that :(a) the arbitration tribunal shall decide the matter as expeditiously aspossible, and the arbitration shall be complete and the decisionissued by the arbitrators no later than twelve (12) months after thedate of commencement of the arbitration proceedings

(being thedate of service of the complaint by the party initiating thearbitration), unless the arbitration panel finds good cause to permitan extension of the time for completion;(b) the arbitrators shall only reach their decision by applying strict rulesof law to the facts and shall not purport to resolve any dispute exaequo et bono;(c) the arbitration shall be conducted in the English language;(d) any decision of the arbitration tribunal shall be final, binding andincontestable and no Party shall

dispute or question the decision ofthe arbitration tribunal before any judicial authority in the Republicof Indonesia or elsewhere;(e) each Party shall bear the expenses, such as traveling, meals andlodging expenses, which It incurs in connection with the arbitration.Hal. 15 dari 66 halaman putusan perkara Nomor 914/Pdt.G/2014/PN Dps.16The fees and expenses of the arbitrating entity and other relatedexpenses shall be borne by the losing Party unless otherwisedetermined by the arbitrating entity;

14.3 Pending the submission to arbitration and thereafter until the arbitrationtribunal issues its decision, each Party shall, except in the event ofexpiration, termination or failure by any of the other Parties to obey orcomply with a specific order or decision of the arbitration tribunal,continue to perform all of its obligations under this Agreement withoutprejudice to a final adjustment in accordance with the said award;Terjemahan dalam Bahasa Indonesia :Pasal 14 ARBITRASI;14.114.2Perselisihan

And The Peoples RepublicOf China, dalam melaksanakan kerjasama ACFTA dimaksud disepakati untuk menggunakan Rule of Origin(ROO) Form E atau Surat Keterangan Asal Barang Form E, yang diatur secara rinci dalam RevisedOperational Certification Procedures (OCP) For The Rules Of Origin Of The AseanChina Free TradeArea;bahwa berdasarkan Appendix I: Revised Operational Certification Procedures (OCP) For The Rules OfOrigin Of The AseanChina Free Trade Area pada Rule 7 dinyatakan The Issuing Authorities shall

Certificate of Origin (Form E), and signed bythe authorised signatory;b) The origin of the product is in conformity with the Rules of Origin for the ACFTA;c) The other statements of the Certificate of Origin (Form E) correspond to supporting documentaryevidence submitted;d) Description, quantity and weight of products, marks and number of packages, number and kinds ofpackages, as specified, conform to the products to be exported;e) Multiple items declared on the same Certificate of Origin (Form E) shall

not be less than the following percentages ofthe total number of shares to be outstanding following the acceptance of theoffer ;fifth year 15% ;sixth year 8% ;seventh year 7% eight year 7% ninth year T% tenth year T% All obligations of Contractor under this Article 26.1 shall be deemed to bedischarged as soon as not less than 51% of total shares issues and outstanding shall have been offered and purchased by Indonesian Participant ;Terjemahannya :Hal. 3 dari 52 hal.

The provisions of Article 23.3 hereof shall applymutatis mutandis to any such arbitration."

PKP2B KJA berbunyi :"The provision of this Article shall continue in force notwithstanding thetermination of this agreement" ;Terjemahan :Ketentuanketentuan dari Pasal ini (dalam hal ini mencakup klausula arbitrase)akan tetap berlaku meskipun perjanjian ini (PKP2B KJA) diputuskan ;VI.

For thatpurpose, an arbitration clause that forms part of a contract shall be treated as anagreement independent of the other terms of the contract.

Contractor shall ensure that its shares are offered either for sale or issueto the Government or Indonesian nationals or Indonesian Companiescontrolled by Indonesians (hereinafter called the Indonesian Participant) ineach year following the end of the fourth full calendar year aftercommencement of the Operating Periods. :Hal. 49 dari 52 hal. Put.

Peraturan Presiden Republik Indonesia Nomor 37 Tahun 2011, dalmelaksanakan kerjasama ACFTA dimaksud disepakati untuk menggunakan RuleOrigin (ROO) Form E atau Surat Keterangan Asal Barang Form E, yang diatur secara ridalam Revised Operational Certification Procedures For The Rules Of Origin Of 'AseanChina Free Trade Area;bahwa berdasarkan Appendix 1: Revised Operational Certification Procedures (Ocp) .The Rules Of Origin Of The AseanChina Free Trade Area pada Rule 7 dinyatakan Issuing Authorities shall

of the Certificof Origin (Form E), and signed by the authorised signatory;b) The origin of the product is in conformity with the Rules of Origin for the ACFTA,c) The other statements of the Certificate of Origin (Form E) correspond to supportdocumentary evidence submitted;d) Description, quantity and weight of products, marks and number of packasnumber and kinds of packages, as specified, conform to the products to be exportee) Multiple items declared on the same Certificate of Origin (Form E) shall

be settled finally by arbitration.The arbitration shall take place in Seoul, Korea and shall be conductedin accordance with the Rules of the Korean Commercial ArbitrationBoard by three arbitrators appointed according to those rules ..."

In case nosettlement can be reached through negotiations, such disputes shall besubmitted to and finally settled by arbitration. Arbitration shall take placeHalaman 30 Putusan No.166/Pdt.G/2012/PN.Jkt.

Bahwa Pasal 2.00 ayat (2) (Pasal 2.02) DistributorshipAgreement menyatakan sebagai berikut:"This Agreement shall come into effect during one yearperiod...and thereafter this Agreement shall automatically extendon year to year basis unless either Party gives a notice oftermination in writing to the other Party six (6) months prior toexpiration of the term of this Agreement..."

Bahwa Pasal 14 ayat (1) (Pasal 14.1) Supply Agreementmenyatakan sebagai berikut:" This Agreement shall become effective from the date of executionand will continue in effect for one (1) year from the date hereof andthereafter this Agreement shall be automatically extended on yearto year basis unless either party gives notice of termination inwriting to the other Party nine (9) months prior to expiration ofTerm of this Agreement."

Bahwa Pasal 26 Technical License Agreement menjelaskansebagai berikut:" This Agreement shall become effective on the Effective Date andunless sooner terminated under any other provision hereincontained shall continue in force with respect to each LicensedProducts until the fifth (5) anniversary of LICENSEE'Scommencement of commercial production of each and everyLicensed Products respectively unless the Parties agree in writingto further extend the term of this Agreement..."

Economic CoOperation Between The Association Of South East Asian Nation And The PeoplesRepublic Of China (Protokol Kedua Untuk Mengubah Persetujuan PerdaganganBarang Dalam Persetujuan Kerangka Kerja Mengenai Kerjasama EkonomiMenyeluruh Antara NegaraNegara Anggota Asosiasi BangsaBangsa Asia TenggaraDan Republic Rakyat China), yaitu pada Annex 3 "Rules Of Origin For The TheAseanChina Free Trade Area", dinyatakan:Rule 2: Origin CriteriaFor the purposes of this Agreement, products imported by a Party shall

be deemed tobe originating and eligible for preferential concessions if they conform to the originrequirements under any one of the following:Products which are wholly obtained or produced as set out and defined in Rule 3; orProducts not wholly produced or obtained provided that the said products are eligibleunder Rule 4, Rule 5 or Rule 6.bahwa pada Rule 3, disebutkan, sebagaimana kutipan berikut:Rule 3: Wholly Obtained ProductsWithin the meaning of Rule 2 (a), the following shall be considered

Economic CoOperation Between TheAssociation Of South East Asian Nation And The Peoples Republic Of China (ProtokolKedua Untuk Mengubah Persetujuan Perdagangan Barang Dalam Persetujuan KerangkaKerja Mengenai Kerjasama Ekonomi Menyeluruh Antara NegaraNegara AnggotaAsosiasi BangsaBangsa Asia Tenggara Dan Republic Rakyat China), yaitu pada Annex 3"Rules Of Origin For The The AseanChina Free Trade Area", dinyatakan:Rule 2: Origin CriteriaFor the purposes of this Agreement, products imported by a Party shall

be deemed to beoriginating and eligible for preferential concessions if they conform to the originrequirements under any one of the following:Products which are wholly obtained or produced as set out and defined in Rule 3; orProducts not wholly produced or obtained provided that the said products are eligibleunder Rule 4, Rule 5 or Rule 6.bahwa pada Rule 3, disebutkan, sebagaimana kutipan berikut:Rule 3: Wholly Obtained ProductsWithin the meaning of Rule 2 (a), the following shall be considered

On Comprehensive Economic CoOperation BetweenAssociation Of South East Asian Nation And The Peoples Republic Of China (ProtKedua Untuk Mengubah Persetujuan Perdagangan Barang Dalam Persetujuan KeranKerja Mengenai Kerjasama Ekonomi Menyeluruh Antara NegaraNegara Anggota AsosBangsaBangsa Asia Tenggara Dan Republic Rakyat China), yaitu pada Annex 3 "RulesOrigin For The The AseanChina Free Trade Area", dinyatakan:Rule 2: Origin CriteriaFor the purposes of this Agreement, products imported by a Party shall

be deemed tcoriginating and eligible for preferential concessions if they conform to the orrequirements under any one of the following:Products which are wholly obtained or produced as set out and defined in Rule 3; orProducts not wholly produced or obtained provided that the said products are eligible u1Rule 4, Rule 5 or Rule 6.bahwa pada Rule 3, disebutkan, sebagaimana kutipan berikut:Rule 3: Wholly Obtained ProductsWithin the meaning of Rule 2 (a), the following shall be considered as wholly

yangabstrak sehingga tidak mudah diidentifikasi;bahwa sebagai upaya untuk mengetahui bagaimana seharusnya memaknai "penyerahan jasa" sebagaimanatertera pada Pasal 4 huruf c UndangUndang PPN, mengingat belum ditemukannya penjelasan yang jelasterkait hal tersebut pada penjelasan undangundang, dapat Terbanding uraikan sebagai berikut :bahwa berdasarkan article tiga puluh satu EU VAT Directive tentang Place of Supply of Goods dinyatakanbahwa where goods are use dispatched or transported, the place of supply shall

be deemed to be theplace where the goods are located at the time when the supply takes place;bahwa berdasarkan article empat puluh tiga EU VAT Directive tentang General Rules Place of Supply ofService dinyatakan bahwa the place of supply of service shall be deemed to be the place where thesupplier has established his business or has a fixed establishment from which the service is supplied, or, inthe absence of such a place of business or fixed establishment, the place where he has his permanentaddress

No. 764 K/PDT.SUS/2010diselesaikan melalui Arbitrase sesuai dengan ketentuan dari Pasal 17ayat 17.3 dari Commercial Agreement juncto Pasal 3 UndangUndangNomor 30 Tahun 1999 tentang Arbitrase dan Alternatif PenyelesaianSengketa, yang mana berbunyi sebagai berikut :Article 17 paragraph 17.3 of Commercial Agreement :Any of such Disputes, which can not be amicably settled wthin 30(thirty) days after the matter in dispute has been brought by one Party tothe attention of the other Party, shall be referred

to and finally resolvedby arbitration in Singapore in accordance wth the prevailing ArbitrationRules of the Singapore Intemational Arbitration Center (SIAC Rules),which rules are deemed to be incorporated by reference in this Article.The Tribunal shall consist of one (1) or three (3) arbitrators as agreedbetween the Parties.

In the event that the Parties fail to agree on thenumber of arbitrators, the tribunal shall consist of three (3) arbitratorsappointed in accordance wth the SIAC Rules.

The language of thearbitration shall be English ;Dimana terjemahan dalam Bahasa Indonesianya adalah sebagaiberikut :Pasal 17 ayat 17.3 dari Commercial Agreement:Segala Persengketaan, yang tidak dapat diselesaikan dengan cara baikdalam jangka wektu 30 (tiga puluh) hari setelah masalah dalamPersengketaan disampaikan oleh salah satu pihak kepada pihak lainnya,maka akan merujuk pada dan diselesaikan secara final melalui arbitrasedi Singapura sesuai dengan Peraturan Arbitrase yang berlaku padaSingapore

No. 764 K/PDT.SUS/2010Company at Sep 30, 2006 and on such difference has been agreedand accepted by and between SGAFR and the Shareholders ;The Revaluation Difference shall be paid by the Shareholders to SGAFR within 30 (thirty) days as of the expiry of the Option Exercise Periodby wre transfer to the bank account designated by SGAFR.