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Global Multidisciplinary Journal

Open Access Peer Review International
Open Access

LEGAL CONSEQUENCES OF NOT REMOVING REGISTERED FIDUCIARY GUARANTEES FROM THE ONLINE SYSTEM IN BALI

DOI https://doi.org/10.55640/gmj/Volume03Issue05-03
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Putu Ayu Sriasih Wesna 1 , Anak Agung Sagung Shinta Anandita 1 ,
4 Universitas Warmadewa
4 Universitas Warmadewa, Indonesia.

Abstract

Fiduciary guarantees are material guarantees that are most widely used by banks. Fiduciary guarantees have been used by the Indonesian people since the Dutch colonial era. Based on the Circular Letter of the Directorate General of AHU Number AHU-06.OT.03.01 of 2013 concerning the Implementation of the Electronic Fiduciary Registration Administration System, registration of Fiduciary guarantees is no longer carried out at the Fiduciary registration office but is registered on the official website, namely https://Fidusia.ahu .go.id The implementation of the elimination of Fiduciary guarantees registered in the online system is the obligation of the Fiduciary recipients, but in practice there are still Fiduciary recipients who do not fulfill their obligations to notify the removal of Fiduciary guarantees after the Fiduciary giver pays off their debts. There is no sanction that regulates if the Fiduciary recipient does not notify the cancellation of the Fiduciary guarantee which results in this obligation being not adhered to. The method used is the method of writing empirical law. The results that can be concluded in this study are that if the Fiduciary recipient does not notify the deletion of the Fiduciary guarantee, then the Fiduciary guarantee concerned cannot be re-registered.

Keywords

Fiduciary guarantee, deletion, online system

References

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📄 Law
📄 The 1945 Constitution of the Republic of Indonesia.
📄 Code of Civil law.
📄 Law Number 42 of 1999 concerning Fiduciary Guarantees. (State Gazette of the Republic of Indonesia 1999 Number 168)
📄 Minister of Law and Human Rights Regulation Number 9 of 2013 concerning Implementation of Electronic Registration of Fiduciary Guarantees. (State Gazette of the Republic of Indonesia 2013 Number 418)
📄 Regulation of the Minister of Law and Human Rights Number 25 of 2021 concerning Procedures for Registration, Amendments and Removal of Fiduciary Guarantees. (State Gazette of the Republic of Indonesia 2021 Number 823)

How to Cite

Wesna, P. A. S., & Shinta Anandita, A. A. S. . (2024). LEGAL CONSEQUENCES OF NOT REMOVING REGISTERED FIDUCIARY GUARANTEES FROM THE ONLINE SYSTEM IN BALI. Global Multidisciplinary Journal, 3(05), 11-22. https://doi.org/10.55640/gmj/Volume03Issue05-03

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