The Uncertainty Law on Authority Regulation of Investment Especially Foreign Investment in Indonesia

Abstract

The paradigm change of government implementation based on the large, real, and responsible region autonomy concept gives implication to the implementation of investment service which became the authority basis of the center government. Now it becomes the authority basis of province, or even district/regency. In this situation, the authority division between center government and district government as explained On Law 2004 No.32 on Region Government and Government Ordinance No. 38 on 2007 on the division of government affairs between the government and province government or even the district government/regency as the autonomy region can explain further the implementation of the investment service in Indonesia in the center and also region government. In fact, the problem is not as simple as that, because in fact the implementation of the regulation authority or the implementation of the investment in the form of the government affair division in the field of investment is entirely untouched by the government as stated in the conception of region autonomy and the regulation of Law No. 25 of 2007 on Investment. The unclearness of norm on investment law that is related to the authority especially the foreign investment can give the uncertainty law situation.

Keywords: Law certainty, Authority, Foreign investment.