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APPLICATION OF THE PRINCIPLE OF NOTARY ACCURACY AS AN EFFORT TO AVOID THE PRACTICE OF MAKING NOMINEE AGREEMENTS RELATED TO THE TRANSFER OF LAND OWNERSHIP TO FOREIGN CITIZENS Tiara, Elfira Dela; Abubakar, Lastuti; Baraba, Badar
EKSEKUSI Vol 5, No 2 (2023): Eksekusi : Journal Of Law
Publisher : Universitas Islam Negeri Sultan Syarif Kasim Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24014/je.v5i2.25620

Abstract

This research aims to examine the implementation of the principle of notary accuracy as an effort to avoid the practice of making nominee agreements regarding the transfer of land ownership rights to foreign citizens along with the legal consequences for notaries who ignore the principle of equality with those making deeds based on these agreements.The research method used is normative juridical by examining library materials or secondary data, including legal principles, legal systematics, research on levels of vertical and horizontal synchronization, and legal comparisons. This research uses an applicable legislative approach linked to legal theories and practices relating to legal issues with analytical descriptive research specifications and qualitative juridical data analysis methods.Based on the results of the research, it can be concluded that the refusal to make a deed based on a nominee agreement regarding the transfer of ownership rights to land to a foreign citizen is part of the implementation of the principle of notarial accuracy considering that the deed violates the objective requirements in the form of a halal cause in the terms of the validity of the agreement in Article 1320 of the Civil Code and results in a deed declared null and void by law. Cancellation of an act of nominee agreement provides a legal basis for imposing civil sanctions on the Notary, which may include payment of fees, compensation and interest. By considering the impact, Notaries should carry out their duties carefully, professionally, prioritizing integrity and good morals.
Copyright Content on the YouTube Platform as Collateral for Creative Economy Financing Azka Adriliya, Putri; Abubakar, Lastuti; Handayani, Tri
UNES Law Review Vol. 6 No. 3 (2024)
Publisher : Universitas Ekasakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31933/unesrev.v6i3.1702

Abstract

The utilization of technology presents an opportunity for creative economy practitioners to expand their work, one of which is by leveraging digital platforms. The government provides support for creative economy practitioners through the implementation of Government Regulation Number 24 of 2022, which recognizes intellectual property rights as collateral for financing, similar to how copyright content on platforms like YouTube can be used as fiduciary collateral for intangible movable assets. Through this financing scheme, there is potential for content creators to utilize their content as collateral, aiming to secure financing for productivity. This research employs a juridical analysis method to explore the potential of copyright content on the YouTube platform as collateral for financing within the creative economy. The conclusion drawn is that it is indeed feasible to utilize copyright content on the YouTube platform as collateral for financing, in the form of tangible collateral. Valuation, on the other hand, can be based on the number of viewers or income approaches, even though as of now, there isn't a definitive standardization regarding this matter.
Readiness of Banks in Intellectual Property-Based Financing Abubakar, Lastuti; Sugiharti, Dewi Kania; Handayani, Tri
International Journal of Latin Notary Vol. 4 No. 1 (2023): Internasional Journal of Latin Notary, September 2023
Publisher : Magister Kenotariatan Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61968/journal.v4i1.60

Abstract

The creative economy is an economic resource expected to become a pillar of Indonesia's economic growth. One of the ecosystems developed is intellectual property-based financing that arises from cultural heritage, science, and technology. From a banking perspective, intellectual property as an object of credit/financing guarantees cannot yet be accepted by banks because there are no technical guidelines for both valuation and the profession of intellectual property appraisal. In contrast, banks must adhere to prudential banking principles. This leads to the implementation of intellectual property-based financing practices still needs to be done by the bank. Furthermore, concerning the execution of intellectual property guarantees, the auction office still needs a legal basis for legal certainty in its implementation, particularly for forms of intellectual property guarantees in the form of contracts and collection rights arising from creative economic activities. Based on the research results, the following results are obtained: 1) there are no technical guidelines for Banks to accept the intellectual property as collateral objects; 2) intellectual property is a complex asset, so the Appraiser profession must be submitted to a public appraiser possessing expertise it is crucial in the domain of intellectual property to be officially registered with the Ministry of Tourism and Creative Economy. The auction office is willing to conduct intellectual property executions provided there exists a legal foundation associated with licensing. valuation, and legal protection of intellectual property to attract public interest in executing intellectual property auctions.
Enhancing Consumer Protection in the Indonesian Financial Service Sector through the Utilization of Standardized Contracts Abubakar, Lastuti; Handayani, Tri
Yustisia Vol 12, No 2: August 2023
Publisher : Faculty of Law, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/yustisia.v12i2.61271

Abstract

The Financial Services Sector is a pioneer in developing standard contract regulations. This standard contract complements Contract Law that did not initially regulate standard contracts. This study aims to analyze the development of standard contract regulation in the Indonesian financial services sector. It examines aspects that require strengthening so that standard contracts can become a protecting consumer tool in the financial services sector. This study uses a normative juridical approach with a descriptive-analytical research specification. The results show that: 1) The development of standard contract regulations in the POJK on Consumer Protection used by Financial Service Business Actors (PUJK) contains the principles and prohibitions on including exoneration clauses and undue influence. This provision fills the legal vacuum regarding standard contracts that still refer to the freedom of contract principle and Book III of the Civil Code and other related regulations. The use of the standard contracts encourages PUJK to comprehend the importance of consumer protection; 2) OJK should strengthen regulatory aspects by issuing guidelines on standard contract formats and contain correct interpretations of the scope of undue influence and supervise the standards contract both directly and indirectly that have been implemented by PUJK.
Integrated Alternative Dispute Resolution Institutions in the Financial Services Sector: Dispute Resolution Efforts in Consumer Protection Framework Abubakar, Lastuti; Handayani, Tri
Yustisia Vol 10, No 1: April 2021
Publisher : Faculty of Law, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/yustisia.v10i1.48684

Abstract

This study examines and analyzes the legal implications of strengthening the integrated Alternative Dispute Resolution Institutions in the Financial Services Sector regulations. This study applies a normative juridical approach with descriptive-analytical research specifications. The data are analyzed using qualitative juridical analysis. Results show that: an Integrated Alternative Dispute Resolution Institutions in the Financial Services Sector is a dispute resolution institution that is in accordance with the characteristics of the financial services sector as an agent of trust and prioritizes consumer protection. It is expected that consumer dispute resolution is faster, cheaper, and fairer for both Business Actors and the consumers; strengthening of regulations on integrated ADR Institutions in the Financial Services Sector aims to create independent, fair, effective, and efficient dispute resolution capable of anticipating developments in the financial services sector that are increasingly complex from a legal perspective, the use of financial technology, and products/services across financial services sectors