Presidential Regulation (Perpres) No. 132 of 2024 — Management of the Plantation Fund

Presidential Regulation (Peraturan Presiden, Perpres) No. 132 of 2024, issued by the President of Indonesia, governs the management of the Plantation Fund (Dana Perkebunan) collected by the Oil Palm Plantation Fund Management Agency (BPDP) to support the sustainable development of oil palm, cocoa and coconut plantations. The fund is used for human resource development, research, promotion, replanting, and plantation facilities and infrastructure, including support for food needs, biofuels and downstream processing.

Key points

• The Plantation Fund comes from export levies on plantation commodities and their derivatives, contributions (iuran) from plantation companies, funds from financing institutions, public funds and other lawful sources.
• Those required to pay the export levy are plantation businesses that export, businesses in industries using plantation produce as raw material, and exporters of plantation commodities and their derivatives.
• Levy rates and fines are set by the minister responsible for state finances; payment is made in rupiah, no later than the time the export customs declaration is submitted.
• Underpayment of the export levy may incur administrative sanctions in the form of fines.
• Contributions are charged only to plantation companies, not to individual smallholders, and may be applied periodically or at any time.
• The fund is used for human resource development, research, promotion, replanting, and plantation facilities and infrastructure, including support for food supply, biofuels and downstream processing.

Who it affects

Plantation businesses, commodity exporters and businesses in industries using plantation produce as raw material that are liable for the export levy; plantation companies liable for contributions.