Economic Bill

[Andreas the Wise]

1.
This Law shall supersede and replace any previous law or legislation related to the Economic System of Shireroth. It shall be deemed as Law and Precedent when dealing with all issues regarding economics and shall act foremost among laws for the economic and financial issues.

2.
The authority of interpretation of the following articles rests in the following offices:
a) The Kaiser
b) The Arbiter
c) The Minister of Trade

i) The Kaiser shall act as supreme regulator of the economy and will hold all currency as property of The Crown. Crown Currency represents the total sum of currency not in general circulation and shall be held in The Crown Account. The Crown Account shall act as the account of The Government Of Shireroth under the authority of The Kaiser. All currencies shall be distributed from the Crown Account and all taxes deposited to The Crown Account. The Crown Account may not be drawn on by The Kaiser himself for personal use, but the sum funds residing in The Crown Account are reserved for the purpose of government spending as determined by The Kaiser, The Steward or by Act of the Landsraad. The Kaiser may hold a personal account known as "The Household Account" which remains the personal property of the reigning Kaiser. This account is subject to the authority of The Arbiter as noted below.

ii) In cases dealing with procedure, The Minister of Trade (hereafter referred simply as "the minister") shall act as director and comptroller of the functioning of the economic system. The minister shall promote the use of the economic system and devise of new ways to implement it. The minister shall act as the authority for registering businesses and shall ensure the correct procedures are followed by said companies. The minister is not warranted to conduct any financial investigations, nor warranted to audit companies registered in The Imperial Republic Of Shireroth. All issues of international trade must be overseen and approved of by the minister who in turn will notify The Kaiser.

iii) The Arbiter shall act as auditor of any and all accounts registered within The Imperial Republic Of Shireroth. The Arbiter shall have access to any and all bank records and transactions and is charged with Royal warrant to investigate any financial issue. All disputes regarding a financial nature shall be presided over by The Arbiter. The Arbiter is warranted to apply fines, restrictions and procedural limitations on any account or company registered within the Imperial Republic Of Shireroth with the exception to the accounts held by The Crown, but not limited to personal accounts held by the monarch.

3.
The unit of currency used by the subjects and inhabitants of The Imperial Republic Of Shireroth shall be known as "The Erb". Erb may be traded and owned only by citizens of The Imperial Republic of Shireroth and limited to trade within the Realm unless otherwise decreed by The Kaiser or by act of Landsraad.

4.
The total sum of Erb shall begin at 5000 Erb in circulation. Additional Erb may be added to circulation as required by the authority of The Kaiser or by Act of landsraad. All Erb shall be initially issued from The Crown Account and distributed to other accounts as stated within this Law. Additional distributions may be made By The Kaiser or by Act of Landsraad from The Crown account or by regular functions of the economy as stated within this Law. The transfer of currency between two parties (either company or citizen) may be done so at will but remain subject to potential audit if required by The Kaiser, The Arbiter or by Act of Landsraad.

5.
The initial issue of currency at the launch of this new economic system shall be as follows:

a) 500 erb to The Household Account
b) 400 erb to The Steward
c) 200 erb to each Duke
d) 100 erb to each Baron
e) 50 erb to each standing citizen and each new citizen who did not qualify among those listed above in the original issue.

6.
A citizen who revokes their citizenship or is declared legally dead by The Kaiser or by Act of Landsraad will have their account revoked, and the balance returned to The Crown Account. Any individual who had once held citizenship in The Imperial Republic Of Shireroth who then renounced their citizenship and has again applied for citizenship shall not be issued the initial allotment of currency as stated in Article 5 e). A citizen who achieves a higher status within the hierarchy of The Imperial Republic Of Shireroth (as stated in Article 5 of this Law) shall be issued an allotment of currency according to their new rank. If that citizen then revokes their rank and is reinstated to that rank, they will not receive an additional allotment of currency.

7.
The value of The Erb shall be pegged to a vote in The Landsraad. The total amount of erb in the account of a voting member of the Landsraad will be counted as the total amount of votes that member has within the Landsraad. Only Dukes have a voting right in the Landsraad, either Aye or Nay. The Ducal voting shall be public, and the amount of erb in each Duchy shall be tabled at the conclusion of each vote. Erbs in Shirekeep will always count as an Abstain vote.

8.
Erb counted toward votes in the Landsraad are not terminated at the end of each vote, but may be reused and reflected in the gain and loss of currency within the account of each voter.

9.
Citizens wishing to register a Business within the Imperial Republic Of Shireroth must register within the Ministry of Trade. They must state who the primary owner of the company is and is limited to one owner. Profits gained by the company will be deposited into the owners account and distributed by the owner as they see fit. Companies engaging in international trade are forbidden to exchange erb with a foreign currency, or give erb to non-citizens of The Imperial Republic Of Shireroth unless otherwise stated by The Kaiser or by Act of Landsraad.

9.
The Kaiser may not use the balance of The Household Account to vote in the Landsraad, but may use the balance as otherwise desired within the limit of regulations stated in this Law.

10.
All currencies will be held within accounts registered to the Bank of The Imperial Republic of Shireroth.

I tried to get it into an appropriate format looking at old acts, and I changed each time it said "Decree" to "Law" (the Kaiser decrees, the Landsraad makes laws, yes?). The only other (ie major) change is in italics ... I think that explains what we wanted right ...

[Erik Mortis]

Where/how does this go into the Lawbook?

And what part goes into the Precedures of the Landsraad.

[Erik Mortis]

Wait... so we are ONLY counting the amount in a Duke's account? (That's what the bills says)

[Andreas the Wise]

Where/how does this go into the Lawbook?

And what part goes into the Precedures of the Landsraad.

No idea, I'm only a Baron. I just wrote this up in a similiar style to other Landsraad acts ...

And Erik, it's the same as before, but now what happens is officially only Duchy erbs count and only Dukes can vote ... but Barons are allowed to make a second account that's location is Shirekeep, to transfer their funds too if they want to abstain from a vote, then transfer back afterwards.

[Erik Mortis]

The total amount of erb in the account of a voting member of the Landsraad will be counted as the total amount of votes that member has within the Landsraad.

Account for the voting member not account*S* of the members of that members Duchy. ie. Only the money the Duke has. Barons don't matter at all anymore one way or the other, as we are only looking at the Duke's account.


And dear gods.. does no one remember how to write law anymore to fit into the system?

[Kaiser Hasan I]

Alright. Look, I'll just re-write the thing to make it clearer.

[Kaiser Hasan I]

1.
This Law shall supersede and replace any previous law or legislation related to the Economic System of Shireroth. It shall be deemed as Law and Precedent when dealing with all issues regarding economics and shall act foremost among laws for the economic and financial issues.

2.
The authority of interpretation of the following articles rests in the following offices:
a) The Kaiser
b) The Arbiter
c) The Minister of Trade

i) The Kaiser shall act as supreme regulator of the economy and will hold all currency as property of The Crown. Crown Currency represents the total sum of currency not in general circulation and shall be held in The Crown Account. The Crown Account shall act as the account of The Government Of Shireroth under the authority of The Kaiser. All currencies shall be distributed from the Crown Account and all taxes deposited to The Crown Account. The Crown Account may not be drawn on by The Kaiser himself for personal use, but the sum funds residing in The Crown Account are reserved for the purpose of government spending as determined by The Kaiser, The Steward or by Act of the Landsraad. The Kaiser may hold a personal account known as "The Household Account" which remains the personal property of the reigning Kaiser. This account is subject to the authority of The Arbiter as noted below.

ii) In cases dealing with procedure, The Minister of Trade (hereafter referred simply as "the minister") shall act as director and comptroller of the functioning of the economic system. The minister shall promote the use of the economic system and devise of new ways to implement it. The minister shall act as the authority for registering businesses and shall ensure the correct procedures are followed by said companies. The minister is not warranted to conduct any financial investigations, nor warranted to audit companies registered in The Imperial Republic Of Shireroth. All issues of international trade must be overseen and approved of by the minister who in turn will notify The Kaiser.

iii) The Arbiter shall act as auditor of any and all accounts registered within The Imperial Republic Of Shireroth. The Arbiter shall have access to any and all bank records and transactions and is charged with Royal warrant to investigate any financial issue. All disputes regarding a financial nature shall be presided over by The Arbiter. The Arbiter is warranted to apply fines, restrictions and procedural limitations on any account or company registered within the Imperial Republic Of Shireroth with the exception to the accounts held by The Crown, but not limited to personal accounts held by the monarch.

3.
The unit of currency used by the subjects and inhabitants of The Imperial Republic Of Shireroth shall be known as "The Erb". Erb may be traded and owned only by citizens of The Imperial Republic of Shireroth and limited to trade within the Realm unless otherwise decreed by The Kaiser or by act of Landsraad.

4.
The total sum of Erb shall begin at 5000 Erb in circulation. Additional Erb may be added to circulation as required by the authority of The Kaiser or by Act of landsraad. All Erb shall be initially issued from The Crown Account and distributed to other accounts as stated within this Law. Additional distributions may be made By The Kaiser or by Act of Landsraad from The Crown account or by regular functions of the economy as stated within this Law. The transfer of currency between two parties (either company or citizen) may be done so at will but remain subject to potential audit if required by The Kaiser, The Arbiter or by Act of Landsraad.

5.
The initial issue of currency at the launch of this new economic system shall be as follows:

a) 500 erb to The Household Account
b) 400 erb to The Steward
c) 200 erb to each Duke
d) 100 erb to each Baron
e) 50 erb to each standing citizen and each new citizen who did not qualify among those listed above in the original issue.

6.
A citizen who revokes their citizenship or is declared legally dead by The Kaiser or by Act of Landsraad will have their account revoked, and the balance returned to The Crown Account. Any individual who had once held citizenship in The Imperial Republic Of Shireroth who then renounced their citizenship and has again applied for citizenship shall not be issued the initial allotment of currency as stated in Article 5 e). A citizen who achieves a higher status within the hierarchy of The Imperial Republic Of Shireroth (as stated in Article 5 of this Law) shall be issued an allotment of currency according to their new rank. If that citizen then revokes their rank and is reinstated to that rank, they will not receive an additional allotment of currency.

7.
The value of The Erb shall be pegged to a vote in The Landsraad. The total amount of erb held by the combined sum of funds in the accounts of a given Duchy will be counted as the total amount of votes that the voting member has within the Landsraad. Only Dukes have a voting right in the Landsraad, either Aye or Nay.

7. a)

Should Barons wish not to support the vote of their Duke, they may establish a second account for themselves registered to Shirekeep. The funds of the abstaining baron may be held in that account for the duration of the vote. Upon completion of the vote, it is the duty of the Baron to transfer their balance back to their Duchy account.

7. b)

The Ducal voting shall be public, and the amount of erb in each Duchy shall be tabled at the conclusion of each vote. Erbs in Shirekeep will always count as an Abstain vote.

8.
Erb counted toward votes in the Landsraad are not terminated at the end of each vote, but may be reused and reflected in the gain and loss of currency within the account of each voter.

9.
Citizens wishing to register a Business within the Imperial Republic Of Shireroth must register within the Ministry of Trade. They must state who the primary owner of the company is and is limited to one owner. Profits gained by the company will be deposited into the owners account and distributed by the owner as they see fit. Companies engaging in international trade are forbidden to exchange erb with a foreign currency, or give erb to non-citizens of The Imperial Republic Of Shireroth unless otherwise stated by The Kaiser or by Act of Landsraad.

9.
The Kaiser may not use the balance of The Household Account to vote in the Landsraad, but may use the balance as otherwise desired within the limit of regulations stated in this Law.

10.
All currencies will be held within accounts registered to the Bank of The Imperial Republic of Shireroth.

[Andreas the Wise]

Works for me ...

[Kaiser Hasan I]

Fantastic. Erik what say you?

[Erik Mortis]

Try this... (I'm using the new lawbook I put together as reference despite it still needing to be decreed in place. (hint hint) (same goes for the reworked Decreebook). I point out that even now it could use some cleaning up. But that's honestly not my job. *looks at Jonas*

The following shall be added to the Lawbook as a new Chapter to be appended to the end.

Chapter XIII: Economy
1. Supremacy
This Law shall supersede and replace any previous law or legislation related to the Economic System of Shireroth. It shall be deemed as Law and Precedent when dealing with all issues regarding economics and shall act foremost among laws for the economic and financial issues.

2. Authority of Interpretation
The authority of interpretation of the following articles rests in the following offices:
a) The Kaiser
b) The Arbiter
c) The Minister of Trade

i) The Kaiser shall act as supreme regulator of the economy and will hold all currency as property of The Crown. Crown Currency represents the total sum of currency not in general circulation and shall be held in The Crown Account. The Crown Account shall act as the account of The Government Of Shireroth under the authority of The Kaiser. All currencies shall be distributed from the Crown Account and all taxes deposited to The Crown Account. The Crown Account may not be drawn on by The Kaiser himself for personal use, but the sum funds residing in The Crown Account are reserved for the purpose of government spending as determined by The Kaiser, The Steward or by Act of the Landsraad. The Kaiser may hold a personal account known as "The Household Account" which remains the personal property of the reigning Kaiser. This account is subject to the authority of The Arbiter as noted below.

ii) In cases dealing with procedure, The Minister of Trade (hereafter referred simply as "the minister") shall act as director and comptroller of the functioning of the economic system. The minister shall promote the use of the economic system and devise of new ways to implement it. The minister shall act as the authority for registering businesses and shall ensure the correct procedures are followed by said companies. The minister is not warranted to conduct any financial investigations, nor warranted to audit companies registered in The Imperial Republic Of Shireroth. All issues of international trade must be overseen and approved of by the minister who in turn will notify The Kaiser.

iii) The Arbiter shall act as auditor of any and all accounts registered within The Imperial Republic Of Shireroth. The Arbiter shall have access to any and all bank records and transactions and is charged with Royal warrant to investigate any financial issue. All disputes regarding a financial nature shall be presided over by The Arbiter. The Arbiter is warranted to apply fines, restrictions and procedural limitations on any account or company registered within the Imperial Republic Of Shireroth with the exception to the accounts held by The Crown, but not limited to personal accounts held by the monarch.

3. The Erb
The unit of currency used by the subjects and inhabitants of The Imperial Republic Of Shireroth shall be known as "The Erb". Erb may be traded and owned only by citizens of The Imperial Republic of Shireroth and limited to trade within the Realm unless otherwise decreed by The Kaiser or by act of Landsraad.

4. Distribution
The total sum of Erb shall begin at 5000 Erb in circulation. Additional Erb may be added to circulation as required by the authority of The Kaiser or by Act of landsraad. All Erb shall be initially issued from The Crown Account and distributed to other accounts as stated within this Law. Additional distributions may be made By The Kaiser or by Act of Landsraad from The Crown account or by regular functions of the economy as stated within this Law. The transfer of currency between two parties (either company or citizen) may be done so at will but remain subject to potential audit if required by The Kaiser, The Arbiter or by Act of Landsraad.

5. Initial Distribution
The initial issue of currency at the launch of this new economic system shall be as follows:

a) 500 erb to The Household Account
b) 400 erb to The Steward
c) 200 erb to each Duke
d) 100 erb to each Baron
e) 50 erb to each standing citizen and each new citizen who did not qualify among those listed above in the original issue.

6. Distribution and Citizenship
A citizen who revokes their citizenship or is declared legally dead by The Kaiser or by Act of Landsraad will have their account revoked, and the balance returned to The Crown Account. Any individual who had once held citizenship in The Imperial Republic Of Shireroth who then renounced their citizenship and has again applied for citizenship shall not be issued the initial allotment of currency as stated in Article 5 e). A citizen who achieves a higher status within the hierarchy of The Imperial Republic Of Shireroth (as stated in Article 5 of this Law) shall be issued an allotment of currency according to their new rank. If that citizen then revokes their rank and is reinstated to that rank, they will not receive an additional allotment of currency.

7. Companies
Citizens wishing to register a Business within the Imperial Republic Of Shireroth must register within the Ministry of Trade. They must state who the primary owner of the company is and is limited to one owner. Profits gained by the company will be deposited into the owners account and distributed by the owner as they see fit. Companies engaging in international trade are forbidden to exchange erb with a foreign currency, or give erb to non-citizens of The Imperial Republic Of Shireroth unless otherwise stated by The Kaiser or by Act of Landsraad.

8. Official Bank
All currencies will be held within accounts registered to the Bank of The Imperial Republic of Shireroth.

The following Shall replace Section 3 of the Precedures of the Landsraad.

3. Voting

A.
1. After a bill has been presented, there is a period of exactly four days (96 hours) during which the members of the Landsraad can vote on it. Each member has one vote with a value outlined below, which he or she may cast in any unambiguous way to represent a vote of aye or nay, on any bill during the voting period. A vote only applies to a bill exactly as it has been presented. At the end of the period, the Praetor counts the votes, announces the result, and if the ayes outnumber the nays, updates the LawBook with the changes.

2. The value of The Erb shall be pegged to a vote in The Landsraad. The total amount of erb held by the combined sum of funds in the accounts of a given Duchy will be counted as the total amount of votes that the voting member has within the Landsraad. Only Dukes have a voting right in the Landsraad, either Aye or Nay.

3. Should Barons wish not to support the vote of their Duke, they may establish a second account for themselves registered to Shirekeep. The funds of the abstaining baron may be held in that account for the duration of the vote. Upon completion of the vote, it is the duty of the Baron to transfer their balance back to their Duchy account.

4. The Ducal voting shall be public, and the amount of erb in each Duchy shall be tabled at the conclusion of each vote. Erbs in Shirekeep will always count as an Abstain vote.

5. The Kaiser may not use the balance of The Household Account to vote in the Landsraad, but may use the balance as otherwise desired within the limit of regulations stated in this Law.

B.
1. Erb counted toward votes in the Landsraad are not terminated at the end of each vote, but may be reused and reflected in the gain and loss of currency within the account of each voter.

[Kaiser Hasan I]

Gold, I'll update these into the books and then decree them both into existence? Or should we try to pass this with the landsraad and then add it to the books after?

[Erik Mortis]

Decreeing the 2nd part would violate the charter as it would be meddling in the inner workings of the Landsraad.

[Kaiser Hasan I]

Alright then can we begin the vote on this please?

[Erik Mortis]

By all means.

[Kaiser Hasan I]

Who do we need to do that? The Praetor? The Steward?

[Jonas]

Ehh, me?

Let the voting begin!
It's maybe better to divide this bill in two parts. So please vote twice...

Like (this isn't a voting advise):

Proposition I - Aye
Propistion II - Nay

[Kaiser Hasan I]

Here's the thing, I could have decreed one bit, but the other has to be voted on. So I just said vote for the whole thing.

[Jonas]

Here's the thing, I could have decreed one bit, but the other has to be voted on. So I just said vote for the whole thing.

I prefer to divide it. Because it's going about two different things: reorganising the economic system (1) and reorganising the Landsraad (2).

[Kaiser Hasan I]

Ok, voting separate it is.

[Jonas]

Thank you, Your Niftiness.

Voting can begin.

[Erik Mortis]

One makes no sense without the other. But fair enough.

[Kaiser Hasan I]

Kid: "Hey what's wrong?"

Bill: "I'm an unsigned bill, I have to sit here and wait on the steps of the Landsraad until someone signs me!"

Kid: "Hey, I'll sign you!"

Bill: "Get away from me you filthy peasant! Only The Kaiser can sign me after the Dukes approve!"

Kid: "Soooo, what are we waiting for?? lets get the Dukes to approve you!"

Bill: "Are you fucking retarded or something??? I just said I have to WAIT for them to approve me!"

Kid: "Oh...so no song then? Alright, I'll just continue with my tour..bye"

[Jonas]

The speaking Bill is right!

Proposition I - Aye
Proposition II - Abstain

And those aren't the same, like I said before: the first reorganise the economy, the second reorganise the Landsraad voting system.
Personally, I'm against the second proposition, but it gets some support by my Barons, so I abstain.

[Jacobus Loki]

Massive enthusiam....
No, I'm not a Duke. Bye!

[b3n|<3r|\|]

Is it in this thread that Erik said one does not work without the other...?

Anyway Aye to both for Yardistan.

[Erik Mortis]

I did say it here. The voting system doesn't work without the economic system...

As a Baron I support this. But have no vote. (and no Duke at the moment)

[Jonas]

I did say it here. The voting system doesn't work without the economic system...

Ow yes, I thought you meant that the economic system wouldn't work without voting system. Now I get it.

But voting goes on.

[Jess]

I hate to intrude but...

Say a Duke doesn't like their Barons idea, so ze holds off until the last absolute minute. Then the Baron is pissed, should there be a Duke declare what zir stance is and then have Barons decide?

[Andreas the Wise]

If they did it more than once or twice, they wouldn't have many barons left after long, I expect ...

[b3n|<3r|\|]

Indeed. I expect if that Duke valued their Barons he'd act a bit differently.