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Muhammad Faizal
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Journal : International Journal of Business, Law, and Education

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The Juridical Validity of the Asset Seizure Prohibition for the Indonesia Investment Authority (INA) Faizal, Muhammad; Santoso, Budi; Dewi, Amelia Sri Kusuma
International Journal of Business, Law, and Education Vol. 6 No. 1 (2025): International Journal of Business, Law, and Education
Publisher : IJBLE Scientific Publications Community Inc.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56442/ijble.v6i1.1123

Abstract

Article 160, paragraph (3) of the Job Creation Law prohibits the confiscation of assets by the Indonesia Investment Authority (INA). The provision prohibiting asset confiscation raises problems in the form of norm conflicts with the provisions of bail confiscation, criminal confiscation, and bankruptcy confiscation. Therefore, it is necessary to analyze the validity of the norms prohibiting the confiscation of INA assets. Based on this background, the purpose of this study is to analyze the juridical validity of the norms prohibiting the seizure of INA assets. This research uses a statutory and conceptual approach. The type of legal material consists of primary and secondary legal materials sourced from both primary and secondary data. The legal materials are analyzed through interpretation techniques. The results of this study reveal that the norm prohibiting the confiscation of INA assets in positive law does not fulfill the principle of juridical validity, making it an invalid norm. Suggestions to the legislators to make changes to the formulation of Article 160 paragraph (3) of the Job Creation Law in order to fulfill the principle of juridical validity.
Co-Authors Aa Zezen Zaenal Abidin, Aa Zezen Zaenal Abidin, Aa Zezen Zenal Adipati Napoleon Ahmad Zamakhsari, Ahmad Amelia Sri Kusuma Dewi, Amelia Sri Kusuma Amelia, Delvi Audry Andaniari, Putu Linda Anggraini, Rima Berti Aprianti, Tine Ariyanti, Ratna Dewi Asmara, Andani Aulia, Regita Faza Auliani, Bulan Azizah, Farinda Hauna Carkiman, Carkiman David Bahrin Dedi Rohendi Dewi Gunawati Dwi Budi Santoso Dwipayana, Hendra Fakhili Gulo Ferdian, Irwan Fitrializa, Ulfa Fitriana Fitriana Hanifah, Farhah Hasanudin Hasanudin Hery Firdaos, Ikang Hilda Zulkifli Ikhsan, Bintang Alnur Indah Puspita, Indah Ishak, Khodijah Iskandar Othman, Mohd. Fairuz Isnayanti, Hanifah Izzudin, Muhammad Jaya, Hendra Kusuma Kaswandi Kurnia, Dwi Miftha Kusmindari, Christofora Desi Leily Nurul Komariah Mahilda, Sukma Mardalena Mardalena Meilando, Rizky Melyasari, Eliza Meriyani, Depita Mildaeni, Itsna Nurrahma Muhammad Iqbal Harisuddin MUHAMMAD SAID Mursyidi, Wathroh Murti, Sri Djangkung Sumbogo Murti, Sri Djangkung Sumbogo Mustagfiroh, Mustagfiroh Mustari Mustari Nasrullah Nasrullah Natasha, Nara Novia Novia Novia Zalmita Nurhayati Nurhayati Nurjabar, Alifia Nurjannah Nurjannah Permana , Ardi Prabowo, Muhammad Ilham Arief Prayesi, Mutiara Rizki Putra, Imam Gunawan Rahayu, Atika Rahmat, Aldi Ramadan, Wanda rendana, muhammad Ria Komala Rida, Cut Nova Rif'at, Aditya M RIZCITA PRILIA MELVANI Ruhiyat, Ilham Rusnaini Rusnaini Saidina Putri, Nabila Sari, Eva Dwi Kumala Selamat, Muhammad Isa Septa Liana Shadrii, Yushlih Narsil Suhendri Suhendri Suherman, Mela Oktora Susanti, Vina Syahril Hasan - Politeknik Sains dan Teknologi Wiratama Maluku Utara, Syahril Hasan Teguh, Dedi Tjatursari Widiartin Tuty Emilia Agustina Usep Tatang Suryadi, Usep Tatang Yuli Murdianingsih, Yuli