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Bill: Zentralbank
Details
Submitted by[?]: Konservative Partei Malivia
Status[?]: passed
Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: December 3026
Description[?]:
| With the adoption of this law, a central bank is founded. This law shall be passed by simple majority. The name of the central bank is: "First Bank of Malivia". Chapter 1; The function of the Central Bank. Paragraph 1: The function of the Central bank is to ensure, that there will be an inflation between 0% and 3%.The Central bank also controls all other Banks but it has not the right to overtake the bank.Exceptions: If a bank has too much power or a very huge bank has financial problems.Rescues of such banks can only be happen with acception of the parliament. Paragraph 2: The Central Bank has the dutie to publish an report over the economy and the inflation regulary. Chapter 2: The management of the Central Bank Paragraph 1: The central of the Central Bank is in capital of Malivia.All offices and other administration parts are here as well. Pargraph 2: The head of the Central Bank is chosen from among the 10 elected and appointed presidents of the Central Bank in a secret, free and fair elections. The head is then appointed by the President of the Republic Malivia. Paragraph 3: The 10 presidents elected by the Parliament of the Central Bank are elected by absolute majority, and then appointed by the Kanzler. Paragraph 4: The head of the central bank is the highest official and thus for the processes within the bank. But he is equally responsible for the visibility of the Bank and for the publications of the Bank. Especially for the reports on inflation and economic growth. Pargraph 4: The 10 presidents and the head of central bank can only be removed by a 2/3 majority in the parliament or if they wish so. Chapter 3: Rights and the financing of the Central Bank Paragraph 1: The Bank has the right: - to take over banks with the approval of Parliament if a system hazard is apparent to the entire national economy.(The Bank's legal action against the takeover always open.) -ust to the Central Bank has the right to print money and set the interest rate for the lending of etched freshly printed money. -The bank can buy government bonds and sell them. |
Proposals
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes |
Total Seats: 486 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 114 |
| Random fact: The influence a bill has on elections decreases over time, until it eventually is no longer relevant. This can explain shifts in your party's position to the electorate and your visibility. |
| Random quote: "There is a mandate to impose a voluntary return to traditional values." - Ronald Reagan |