Russian Journal of Agricultural and Socio-Economic Sciences (Oct 2021)

LEGAL ANALYSIS OF THE POSITION OF VILLAGE OWNED BUSINESS ENTITIES AS A LEGAL ENTITY AFTER THE ENTRY OF LAW NUMBER 11 YEAR 2020 CONCERNING WORK CREATION

  • Alting H.,
  • Suwarti

DOI
https://doi.org/10.18551/rjoas.2021-10.19
Journal volume & issue
Vol. 118, no. 10
pp. 165 – 179

Abstract

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This study aims to analyze the existence of Village-Owned Enterprises (VOBEa) as legal entities after the enactment of Law Number 11 of 2020 concerning Job Creation and examine whether VOBEA which have been domiciled as legal entities after the enactment of Law Number 11 of 2020 concerning Job Creation carry out the functions of a public legal entity or a private legal entity. This research is a normative legal research that is descriptive. The approach used in this research is the statutory approach (statute approach), conceptual approach (conceptual approach) and contains a case approach that is studied to support research. The results of the study show that the existence of village-owned enterprises (VOBEA) as legal entities after the enactment of Law Number 11 of 2020 concerning Job Creation has provided clarity and affirmation of the legal entity status of VOBEa Article 117 of the Job Creation Law changing the provisions of Article 1 point 6 of the Village Law., which is explicitly stated that “Village-Owned Enterprises, hereinafter referred to as VOBEA, are legal entities established by villages and/or together with villages to manage businesses, utilize assets, develop investment and productivity, provide services, and/or providing other types of business for the maximum welfare of the Village community. As for the status of legal entities after the enactment of law number 11 of 2020 concerning job creation in carrying out the functions of public legal entities and private legal entities, it implicitly means that the construction of VOBEA as a unique business entity and has special village characteristics. Thus, VOBEA can be classified as legal entities with public functions, namely VOBEA as functional public legal entities that carry out both public and private legal functions.

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