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Ammendment to Economy Law

Posted: Sun Mar 01, 2009 10:18 pm
by Andreas the Wise
Proposed A to : Chapter XIII: Economy B. Authority of Interpretation


General purpose of this amendment:
To provide the numbering of articles within this section of Shirerothian law allowing for the general format in the lawbook, and to clarify the various aspects of this article.


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(current reading)
2.0 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.

3. 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.
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(Proposed: additions in green, deleted wording in red.) numbering added:

2. The Kaiser shall act as supreme regulator of the economy and will hold all currency as property of The Crown.
2.1 The duties and responsibilities of the economy shall be delegated to the Ministry of Trade as stated in article 3.
2.2 Crown Currency represents the total sum of Erb 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 as delegated to the Minister of Trade.
2.3 All Crown currencies shall be distributed from the Crown Account and all taxes payable in Erb shall be paid to and deposited to The Crown Account.
2.4 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.
2.5 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.

3.0 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.
31.The minister shall promote the use of the economic system and devise of new ways to implement it.
3.2 The minister shall act as the authority for registering businesses and shall ensure the correct procedures are followed by said companies.
3.3 The minister is not warranted to conduct any financial investigations, and nor warranted to audit companies registered in The Imperial Republic Of Shireroth.
3.4 All issues of international trade must be overseen and approved of by the minister who in turn will notify The Kaiser.

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Final reading:
2. The Kaiser shall act as supreme regulator of the economy and will hold all currency as property of The Crown.
2.1 The duties and responsibilities of the economy shall be delegated to the Ministry of Trade as stated in article 3.
2.2 Crown Currency represents the total sum of Erb 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 as delegated to the Minister of Trade.
2.3 All Crown currencies shall be distributed from the Crown Account and all taxes payable in Erb shall be paid to and deposited to The Crown Account.
2.4 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.
2.5 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.

3.0 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.
31.The minister shall promote the use of the economic system and devise of new ways to implement it.
3.2 The minister shall act as the authority for registering businesses and shall ensure the correct procedures are followed by said companies.
3.3 The minister is warranted to conduct any financial investigations, and warranted to audit companies registered in The Imperial Republic Of Shireroth.
3.4 All issues of international trade must be overseen and approved of by the minister who in turn will notify The Kaiser.

Re: Ammendment to Economy Law

Posted: Tue Mar 03, 2009 4:38 pm
by Malliki
Does this bill change anything in practice or just in the LawBook?

Re: Ammendment to Economy Law

Posted: Tue Mar 03, 2009 4:49 pm
by Kaiser Agni I
Looks mostly like a clean up to me.

Re: Ammendment to Economy Law

Posted: Tue Mar 03, 2009 5:14 pm
by Malliki
One major change is that the MiniTrade will be allowed to audit. Not sure if I support that...

Re: Ammendment to Economy Law

Posted: Tue Mar 03, 2009 8:04 pm
by Kaiser Agni I
What does that mean exactly?

Re: Ammendment to Economy Law

Posted: Tue Mar 03, 2009 8:46 pm
by Malliki
3.3 The minister is warranted to conduct any financial investigations, and warranted to audit companies registered in The Imperial Republic Of Shireroth.
Now, that is limited to the Arbiter only.

Re: Ammendment to Economy Law

Posted: Tue Mar 03, 2009 11:19 pm
by Andreas the Wise
I believe that is the only change, yes. I think it may be because MiniTrade actually has the power to look at transactions ...

Re: Ammendment to Economy Law

Posted: Tue Mar 03, 2009 11:49 pm
by Kaiser Agni I
That reminds me... I need the admin password. I forgot what it was changed to.

Re: Ammendment to Economy Law

Posted: Wed Mar 04, 2009 5:52 pm
by Harald of Froyalan
Your Graces,

You have just over one day to vote on this Bill otherwise it will fail due to lack of voting on it.

Re: Ammendment to Economy Law

Posted: Wed Mar 04, 2009 10:14 pm
by Andreas the Wise
AYE then. Though I thought the Praetor still had to open votes ...

Re: Ammendment to Economy Law

Posted: Wed Mar 04, 2009 11:35 pm
by Harald of Froyalan
That was indeed the case before the VC Abolishment Act of 3489 was passed by the Landsraad. Now the voting period commences automaticly after a Bill has been submitted to the Landsraad.

Re: Ammendment to Economy Law

Posted: Thu Mar 05, 2009 6:14 am
by Gman Russell
Yardistan AYE

Re: Ammendment to Economy Law

Posted: Thu Mar 05, 2009 3:08 pm
by Iskander Mirkdale
Elwynn AYE

Re: Ammendment to Economy Law

Posted: Fri Mar 06, 2009 1:54 am
by Harald of Froyalan
Your Graces,

Voting is closed now. The tally is 3 Ayes and 0 Nays. This Bill has therefore been passed by the Landsraad.