LEGAL PROTECTION OF THE BUYER BY THE RECEIVABLE PURPOSE AGREEMENT BY REGULATION OF THE MINISTER OF FINANCE NO.84/PMK.012/2006 AND PRESIDENTIAL REGULATION RI NO. 9 YEARS

Abstract

Factoring known today is first grown in North America, especially in the textile industry sector which until now is still one of the main business activities of factoring. Factoring is still relatively new in Indonesia, the existence of factoring institution in indonesia commenced on the date of the 20 December 1998 policy package. Factoring is a financing activity in the from of short-term receivables from a company following the management of the receivables. The problem in writing this thesis: what is the legal protection for the buyer in the factoring transaction agreement and what are the constraints faced by the buyer in the implementation of the factoring transaction agreement. The method used in writing of this thesis is literature study whose legal material comes from primary legal material and secondary law material. The result of the research concluded that legal protection in factoring agreement covers legal protection for the factoring company. In the trade transaction of factoring financing, it can not disregard the view of the provisions of the laws and regulations governing consumer protection, namely law no. 8 of 1999.