Proceedings of the 2nd Multidisciplinary International Conference, MIC 2022, 12 November 2022, Semarang, Central Java, Indonesia

Research Article

Legal Renewal Related to Law Number 10 of 1998 Concerning Amendment to Law Number 7 Year 1992 Concerning Banking Regarding Customer Adult Age Limit

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  • @INPROCEEDINGS{10.4108/eai.12-11-2022.2327327,
        author={Redy Rahmad Samosir and Faisal  Santiago},
        title={Legal Renewal Related to Law Number 10 of 1998 Concerning Amendment to Law Number 7 Year 1992 Concerning Banking Regarding Customer                      Adult Age Limit},
        proceedings={Proceedings of the 2nd Multidisciplinary International Conference, MIC 2022, 12 November 2022, Semarang, Central Java, Indonesia},
        publisher={EAI},
        proceedings_a={MIC},
        year={2023},
        month={2},
        keywords={society; adult age limit; equality; justice},
        doi={10.4108/eai.12-11-2022.2327327}
    }
    
  • Redy Rahmad Samosir
    Faisal Santiago
    Year: 2023
    Legal Renewal Related to Law Number 10 of 1998 Concerning Amendment to Law Number 7 Year 1992 Concerning Banking Regarding Customer Adult Age Limit
    MIC
    EAI
    DOI: 10.4108/eai.12-11-2022.2327327
Redy Rahmad Samosir1,*, Faisal Santiago1
  • 1: Universitas Borobudur, Indonesia
*Contact email: redyrahmad@yahoo.com

Abstract

Bank is a business element that gathers assets from the general population as stores and disseminates them to the general population as credit or potentially different structures to work on the way of life of individuals at large, and debt holder client is a legitimate relationship in view of a commitment in light of an understanding or understanding, where the circumstances for the legitimacy of an understanding or arrangement as expressed in Article 1320 of the Common Code are 4 (four): 1. Concur with the people who tie themselves, 2. Abilities to make a commitment, 3. Something specific and 4. A legal reason. Individuals who have a lawful relationship with the bank are called contributors and borrower clients. Regulation Number 10 of 1998 concerning Revisions to Regulation Number 7 of 1992 concerning Banking as the legitimate reason for banking in Indonesia (lex specialist) is unable to accommodate to resolve inconsistencies in the application of the age limit so political encouragement is needed so that all stakeholders, especially banks in Indonesia, especially banking supervisors in Indonesia as well as the legislature in Indonesia, can set the equivalence of the adult age limit for bank customers clearly and clearly because the law is dynamic and constitutes social engineering.