This Newsflash is a continuation of our previous Newsflash with
respect to the Second Amendment to Law No. 11 of 2008 on Electronic
Information and Transactions as amended by Law No. 19 of 2016 (the
"EIT Law"). As noted in our previous
Newsflash, the House of Representatives (in Indonesian language,
Dewan Perwakilan Rakyat or DPR) approved the bill on the
Second Amendment of the EIT Law (the "Approved
Bill") on December 5, 2023. Thereafter, the President
had 30 (thirty) days to enact the Approved Bill into a Law.
On January 2, 2024, the President enacted Law No. 1 of 2024 on
the Second Amendment of the EIT Law ("Law
1/2024").
We found no major differences between the Approved Bill ad Law
1/2024, save for an addition of the amendment of Article 45B of the
EIT Law as we set out below. For further details on the amendments
stipulated under Law 1/2024 (previously referred to as the Approved
Bill), please refer to our previous Newsflash: AKSET Newsflash – Further