Main | About | Tutorial | FAQ | Links | Wiki | Forum | World News | World Map | World Ranking | Nations | Electoral Calendar | Party Organizations | Treaties |
Login | Register |
Game Time: May 5461
Next month in: 01:20:59
Server time: 10:39:00, March 29, 2024 CET
Currently online (3): hnp19 | Kiwiis | MyungLuth | Record: 63 on 23:13:00, July 26, 2019 CET

We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.

Bill: Companies Act (Amended) - Liberty

Details

Submitted by[?]: Liberty 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: January 4433

Description[?]:

COMPANIES ACT

Article 1 - Purpose

i) The Companies Act is hereby brought into being to:
i-a) Streamline the way business is conducted in Beluzia
i-b) Create a much more transparent system for purposes of RP.

Article II - Registration

i) All companies trading within the Republic of Beluzia are required to register their organization
i-a) This includes any parent and subsidiary companies associated with it.
ii) This registration is also considered a license to conduct business in Beluzia.
iii) Registration also carries with it an agreement to liability.

Article III - Registration Process

i) Each player in Beluzia can submit a list of companies which:
i-a) can not exceed 7 companies per year.
i-b) must be approved by a majority of Congress.
ii) will be placed on the Companies List for use by all players.
iii) If a list of companies is rejected by Congress then this list, in whole or in part, can be reconfirmed by Congress the following year.
iv) Companies may be withdraw by the creating player at any time.
iv-a) These companies will be considered to have "left Beluzia" and won't be usable until reconfirmation.

Article IV - Executives and Characters

i) Companies are required to maintain an up to date list of executives
ii) This includes but is not limited to; CEOs, presidents, chairman, directors and board members.

Article V - Tax Compliance

i) Companies are subject to the rate of taxation as set by the Congress of Beluzia.
ii) Companies are subject to the laws as set by the Congress of Beluzia.
iii) Companies are required to lodge a yearly tax return.
iii-a) For RP purposes this is assumed unless the RP specifically involves failing/avoiding the tax mechanism.


Article VI - The Tender Process

i) Companies undertaking major projects. Herein considered any project costing more
than b250,000 must submit to a tender process in the interests of transparency.
ii) Tender processes are initiated with an Expression of Interest wherein a selection
will be made based on proposals submitted.
iii) In the case of major contracts relating to government works Congress will need to
award a contract through a majority vote.

Article VII - Contracts

i) Once awarded all contracts are considered legally binding.

Article VIII - Compliance

i) Companies failing to comply with these regulations will be subject to fines,
loss of license, de-registration or, for individuals, a custodial sentence as
decided by the court of Beluzia.

Article IX - Fair Use

i) Companies within the Companies List belong to the creating player but are available to all players with permission.
ii) Normal rules of role play apply included but not limited to;
ii-a) Agreement not to destroy, kill, injury or 'disappear' the related company, characters or structures if not your own.
ii-b) Permission sought from creating player for damaging story lines.
ii-c) General agreement about the overall direction of the role play if it impacts other players is given.

Article X - Accordance & Amendment

i) Amendments to this document require a majority for approval.
ii) Any amendment made to this document will automatically override the previous version.
iii) This document is legally applicable to Beluzia until it is lapsed, amended or rejected.


Important Documents:

Company List - http://beluzia.freeforums.net/thread/21/official-company-list

Proposals

Debate

These messages have been posted to debate on this bill:

Date01:40:39, August 01, 2018 CET
FromLiberty Party
ToDebating the Companies Act (Amended) - Liberty
MessageThe Liberty legal team have noted one or two important amendments that had to be made. So Liberty are submitting the following Act to supersede the previously named Companies Act.

Date00:24:03, August 02, 2018 CET
FromUnited Party
ToDebating the Companies Act (Amended) - Liberty
MessageThe Company List needs to be posted as a bill for debate, otherwise it can’t be enforced, third party forums are not generally considered formal RP locations.

Date11:17:06, August 02, 2018 CET
FromLiberty Party
ToDebating the Companies Act (Amended) - Liberty
MessageWe don't know about unenforceable. The Company List has been approved by Congress (iii-ii). The information that will be contained within it will also be approved by Congress through application bills (iii-i b). There seems no reason to add to the clutter on the 'Bills for Debate' section with another static bill. It's pointless duplication in our view.

subscribe to this discussion - unsubscribe

Voting

Vote Seats
yes
    

Total Seats: 302

no
  

Total Seats: 106

abstain
  

Total Seats: 92


Random fact: Particracy allows you to establish an unelected head of state like a monarch or a president-for-life, but doing this is a bit of a process. First elect a candidate with the name "." to the Head of State position. Then change your law on the "Structure of the executive branch" to "The head of state is hereditary and symbolic; the head of government chairs the cabinet" and change the "formal title of the head of state" to how you want the new head of state's title and name to appear (eg. King Percy XVI).

Random quote: "The great economic, social and political scientist, Karlstein Metz, accurately predicted over 2,500 years ago that capitalism is doomed to destruction by its inherent weaknesses and contradictions, and must inevitably be replaced by a communist form of social, political and economic organisation." - Friedrich Pfeiffer, former Dorvish politician

This page was generated with PHP
Copyright 2004-2010 Wouter Lievens
Queries performed: 44