🧭cyber-valley/cve/legal/annex g permitted use.md

Annex G — Permitted-Use Matrix

Annexed to land rights agreement. Source: strategy §4 (Eight Zones) and §6 (Deal Architecture), restated here as the binding cross-reference between Holder class, zone and instrument. Where this annex and the strategy page conflict, this annex prevails as against a Holder; the strategy page is the estate's own working record and amends this annex under the same version-lock procedure as Annex C §7.3.

G1. Instruments

Instrument Mechanics Governing deed
Aleasehold upfront 100% at signing, hak sewa, 25-year Term hak sewa deed §3.1 "upfront"
Bannual leasehold 30% down, balance in equal instalments over 1 or 5 years, no interest, no index hak sewa deed §3.1 "scheduled"
B-rent — annual rent No transfer of right; occupation only, by separate agreement hak sewa deed §3.1 "rent"; Annex E
Cjoint venture Lease contributed to an OpCo for an equity stake, 40–60% split separate JV agreement, not this deed
Dhak pakai Right-of-use title on a completed structure, registered to the Holder hak sewa deed Track F, 12.1
Ehak milik Freehold transfer, WNI only outside this deed — AJB before PPAT

G2. Holder class eligibility

Holder class A B B-rent C D E
Indonesian citizen (WNI) yes yes yes yes n/a — already eligible for stronger titles yes
Foreign individual (KITAS/KITAP) yes yes yes via a PT PMA vehicle yes — the track this deed exists for no — PP 18/2021 Pasal 34 reserves HGB-track ownership to WNI and Indonesian legal entities; Hak Milik is WNI-only by the same logic
Foreign legal entity via a PT PMA vehicle via a PT PMA vehicle yes yes via a PT PMA vehicle no

D is the only instrument built specifically to move a foreign individual holder into a registered title; A, B and B-rent hold everyone under the same contractual right regardless of nationality, since hak sewa is personal, not a registered land right (land rights agreement §2.2).

G3. Zone × instrument

Zone Function Instruments live Note
Z1 — Residences Villa plots, 5–15 are A, B, D (post-build), E (WNI) Released in waves; Wave 1 carries A + the build obligation only, B opens from Wave 3
Z2 — Anchor Spa, market, restaurant, retreat villas C (core), B-rent (peripheral, Phase 3 sale-leaseback) Never sold outright; each deal reviewed individually
Z3 — Community School, hospital, cowork, common house B (near-zero rent) Deed-restricted use; reversion on change of function
Z4 — Infra Roads, energy, water, connectivity, mobility hub none on the core; parking slots only, a separate micro-instrument outside A–E Ownership retained by the Landowner; all structures revert
Z5 — Innovation Labs, studios, startup plots B (land-for-equity, ~×0.2 rent for 2–5% equity), C for larger operators Selection is discretionary, not first-come
Z6 — Agroforestry Permaculture, livestock, nursery B, or a pure operator agreement with no land right transferred Output feeds Z2; vertical integration, not resident housing
Z7 — Conservation Watershed, biodiversity none No transactions; revenue only through carbon/biodiversity credits, naming rights, priced trail access
Z8 — Commons Trails, plazas, public space none Public space; no instrument applies, same as Z7

G4. Track D — the upgrade path this deed builds

An A or B Holder who completes construction to SLF may apply to convert to D (Hak Pakai) under hak sewa deed 12.1 — a foreign natural person only, subject to the Rp 5,000,000,000 minimum value once the ministerial regulation figure is confirmed (see that Part's own flag on the source instrument). E (Hak Milik) is reached only by a WNI Holder, outside this deed, by ordinary AJB — there is no conversion mechanic from A/B/D to E inside hak sewa deed because a foreign Holder can never reach E by any route.

G5. Net-exporter certification — proposal, not yet settled elsewhere

hak sewa deed 5.3 and land rights agreement §2.6 point here for the mechanics behind the 10%/5% area revenue charge split; neither document defines them. Working proposal:

  • Revenue (land-time channel): gross amount actually received by the Holder for bare-land occupation, before any deduction, in the invoice period.
  • Net-exporter status: measured per district, annually, aligned with the Company's financial year. A district is a net exporter of a given resource (energy, water, food) where its metered or estimated production exceeds its consumption over that year. The Company's accountant certifies the result and publishes it in the Register before the following year's invoices are issued at the discounted rate.
  • Reporting cadence: the Holder self-reports land-time revenue monthly, on the same cycle as the area revenue charge invoice; the Company may audit any period within the prior 24 months.
  • Understatement: the shortfall is payable on demand plus 20% of the shortfall as liquidated compensation for the cost of the audit, consistent with the director disclosure indemnity agreement Art 5.4 uplift used elsewhere in the pack for knowing non-disclosure; an honest reporting error corrected before audit carries no uplift.

This section is new drafting, not a restatement of an existing decision — confirm the certification body, the audit window and the uplift figure before this annex is treated as settled.

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