Proceedings of the 1st Universitas Kuningan International Conference on Social Science, Environment and Technology, UNiSET 2020, 12 December 2020, Kuningan, West Java, Indonesia

Research Article

Fiduciary Security Registration of Vehicles by Financing Companies According to Finance Ministerial Regulation Number 130/ Pmk.010/2012

  • @INPROCEEDINGS{10.4108/eai.12-12-2020.2305022,
        author={Bias Lintang Dialog and Haris Budiman, Krisna Monita and Dikha  Anugrah and Anthon  Fatanudhien},
        title={Fiduciary Security Registration of Vehicles by Financing Companies According to Finance Ministerial Regulation Number 130/ Pmk.010/2012 },
        proceedings={Proceedings of the 1st Universitas Kuningan International Conference on Social Science, Environment and Technology, UNiSET 2020,  12 December 2020, Kuningan, West Java, Indonesia},
        publisher={EAI},
        proceedings_a={UNISET},
        year={2021},
        month={3},
        keywords={fiduciary security; financing institution; vehicle},
        doi={10.4108/eai.12-12-2020.2305022}
    }
    
  • Bias Lintang Dialog
    Haris Budiman, Krisna Monita
    Dikha Anugrah
    Anthon Fatanudhien
    Year: 2021
    Fiduciary Security Registration of Vehicles by Financing Companies According to Finance Ministerial Regulation Number 130/ Pmk.010/2012
    UNISET
    EAI
    DOI: 10.4108/eai.12-12-2020.2305022
Bias Lintang Dialog1,*, Haris Budiman, Krisna Monita1, Dikha Anugrah1, Anthon Fatanudhien1
  • 1: Faculty of Law, Universitas Kuningan, Kuningan, Indonesia
*Contact email: lintangdialog@uniku.ac.id

Abstract

The registration of fiduciary security is regulated in the law number 42 in 1999 on Fiduciary Security and the implementation is regulated in Finance Ministerial Regulation Number 130 / PMK.010 / 2012. The registration of fiduciary security using a deed of fiduciary security must be done through a notary. However, in reality, it is found that the fiduciary deeds are made and registered by a notary that is outside the financing company’s region. The purpose of this study is to determine and analyze the regulation and implementation of fiduciary security registration for financing companies according the Finance Ministerial Regulation Number 130 / PMK.010 / 2012. The method used on this research is an empirical juridical approach. Financing Companies are required to register fiduciary security at the Ministry of Law and Human Rights no later than 30 (thirty) days from the date of the consumer financing agreement. The registration of fiduciary security is done for upgrading public understanding and financial business actors to create public order. Fiduciary law needs to be understood more than just an instrument for registering vehicles security’s, but to provide legal protection for society and financing companies for a certainty of execution to a default. Based on the author's description, it is necessary to register fiduciary security to provide protection, justice and legal certainty