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Bill: Ressurection of the Jakanian Oil Corporation

Details

Submitted by[?]: Ecosocialist Anti-theist Pacifist Party

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: November 4111

Description[?]:

With the legal authority granted to him by the Royal Ferman Act (http://classic.particracy.net/viewbill.php?billid=486548) His Sublime Majesty the Sultan Umar II orders that:

Section 1
All hydrocarbon enterprises in the Sultanate shall be reorganised and merged under the control of the re-created State Oil Company of Jakania (http://particracy.wikia.com/wiki/State_Oil_Company_of_Jakania). Only this nationally owned Company shall have the authority to drill and process our national petrochemical resources.

Section 2
A Board appointed by the government shall run the Company. It's composition shall be
> President and CEO
> Vice President
> Director General of Managing and Planning Organisation
> Minister of Trade, Industry and Oil (Chairman)
> Minister of Finance
> Minister of Environment
> Minister of Science and Technology

The Sultan may make changes to the size and composition of the Board as he sees fit.

Section 3
The board shall be the decision making body of the Company and shall approve operations, annual budgets, balance sheets and financial statements.

Section 4
The SOCJ shall have limited powers to legislate in relevant areas, with the Sultan retaining a veto.

Section 5
The government of Jakania shall retain 100% of shares, which shall not be listed publicly.

Proposals

Debate

These messages have been posted to debate on this bill:

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Voting

Vote Seats
yes
  

Total Seats: 64

no

    Total Seats: 0

    abstain

      Total Seats: 0


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