18 March, 2020
On 21 June 2019, the Ministry of Agrarian Affairs and Spatial Planning/Head of the National Land Agency of the Republic of Indonesia (Kementerian Agraria dan Tata Ruang/Kepala Badan Pertanahan Nasional Republik Indonesia or “MoA”) enacted MoA Regulation No. 9 of 2019 on the Electronically Integrated Land Mortgage (Hak Tanggungan) Services (“MoA Reg 9/2019”).
The aim of the enactment of MoA Reg 9/2019 is to simplify the manual registration procedure as regulated under Law No. 4 of 1996 concerning Land Mortgage (Undang-Undang Hak Tanggungan or “UUHT”) as well as to enhance the land mortgage services and ensure the principles of transparency, timeliness, efficiency, accessibility and affordability.
The regulation introduced a new integrated electronic system for the land mortgage (hak tanggungan) registration services (“e-HT System”) as an alternative registration procedure for land mortgage. Rather than relying on the older mechanism which requires the registration and documents to be submitted manually, this e-HT System will manage and store all registration information through an integrated electronic system.
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For further information, please contact:
Leoni Silitonga, Partner, Roosdiono & Partners
leoni.silitonga@zicolaw.com
