Moving the forum

For discussion of the Small Commonwealth Unified Currency Treaty

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Andreas the Wise
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Joined: Sat Oct 27, 2007 10:41 pm
Location: The Island of Melangia, Atterock, Kildare
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Moving the forum

Post by Andreas the Wise »

The SCUE separated from the SC (which is to say, the requirement to be a member of the SC in order to sign the SCUE treaty was removed) some time ago, but we never got much further. As there appears to be a mildly renewed interest in micronational economics, I propose that we move the SCUE forum from here to the MCS.

I'll take the standard SCUE policy that if there are no objections within a week, it can go ahead.

For reference, the current treaty is:
Small Commonwealth Unified Economy Treaty

1. Any nation may sign this Simple Currency Unified Economy Treaty, provided they gain approval from existing signatories.

2. An applicant to this treaty shall be considered by existing signatories. If, within a week, no existing signatory objects, the new nation shall be able to sign this treaty and issued starting currency as explained below.

3. All signatories to this treaty have a unified currency, and share a unified bank. Any participant in the economy of a signatory nation may make economic transactions with participants of any other signatory nations without restrictions, fees or tariffs.

4. Each signatory nations reserves the right to refer to the currency by whatever name they want. This does not make their currency different from the unified currency, and all the names are assumed to have a 1:1 exchange ratio.

5. Participants within this unified currency shall register their accounts in a particular signatory nation, or region thereof. By registering with that nation, participants' accounts are subject to any economic regulation or taxation of that nation, but not of any other nation.

6. No currency can be created or destroyed by the signatory nations, except in the manner outlined here and in section 7. Each new signatory nation is entitled to create currency for an initial distribution among citizens of that country, under the following conditions:
a. They shall count how many citizens they have who do not currently hold accounts via any existing signatory nation.
b. They shall be entitled to 7,500 units of currency per citizen counted in this manner, to be distributed as they see fit.

7. In addition to section 6, the member nations may authorize a special, once-off creation or destruction of currency if 2/3 of all member nations agree.

8. There shall be an administrator of the bank, with the power to change the region of accounts as required; to create currency for new signatory nations; and to enforce taxation.

9. This administrator shall be elected by the signatory nations. At any time the administrator may be removed by a 2/3 vote of no confidence in the administrator, at which time a new administrator shall be elected by the signatory nations.

10. Should a signatory nation withdraw from this treaty, due to death or otherwise, all currency held in accounts registered in that nation shall be removed.

11. This treaty may be amended with the approval of a majority of all member nations.
The character Andreas the Wise is on indefinite leave.
However, this account still manages:
Cla'Udi - Count of Melangia
Manuel - CEO of VBNC. For all you'll ever need.
Vincent Waldgrave - Lord General of Gralus
Q - Director of SAMIN
Duke Mel'Kat - Air Pirate, Melangian, and Duke of the Flying Duchy of Glanurchy

And references may be made to Vur'Alm Xei'Bôn (a Nelagan Micron of undisclosed purpose).

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