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Equifund Agreement
This treaty was drafted in June 5227 by the 
Coalition of the Yeudi Homeland š.
Status: ratification[?]
Description[?]
| This Treaty and its set of Provisos, officially known as Equifund Agreement, was created to provide private entities from signatory nations with the ability to access and tap into the investment fund of the same name maintained by the government of Beiteynu, with the purpose of fuelling expansion and growth in the technology (software/hardware) and defence industry. Drafted by: - Ministry of Finance (MOFIN) of Beiteynu, Tzafrir Administration, http://classic.particracy.net/viewnation.php?nationid=51 By ratification, signatory nations agree to adhere and abide by the Provisos defined under the following Sections and Subsections: ---------------------------------------------------------------- ------------------------------------------------ 1. Equifund ---------------------------------------------------------------- --------------------- 1.01. Provisos of Establishment 1.01.1. Fund RECOGNISE Beiteynu's Equifund as a state fund specialising in technology and defence investments, with an initial capital of 500M LOD. 1.01.2. Liaison Offices AGREE to establish and maintain an Investments Office of the Equifund under the jurisdiction of the Ministry of Finance, which will coordinate investments to private entities in signatory nations, directly with Equifund's office located in Beiteynu. 1.01.3. Main Office RECOGNISE Equifund's office located in Beiteynu as the main office, which gives the final approval for all investments. 1.01.4. Termination UNDERSTAND that Equifund's main office located in Beiteynu can terminate this agreement at any time upon approval by the MOFIN of Beiteynu, regardless of whether this Treaty remains in effect. --------------------- 1.02. Provisos of Funding 1.02.1. Initial Capital AGREE to receive and manage up to 10% of the remaining initial capital of 500M LOD upon ratification, to be directed exclusively for investments as defined in the Provisos of Section 2 of this Treaty. 1.02.2. Exact Amount UNDERSTAND that the exact amount will be decided by Equifund's main office located in Beiteynu. 1.02.3. Relative Adjustment UNDERSTAND that the initial capital received is relative to the total capital available at the time of ratification. 1.02.4. Annual Flow of Capital AGREE to receive and manage 2% of Beiteynu's spending surplus every year, to be directed exclusively for investments as defined in the Provisos of Section 2 of this Treaty. 1.02.5. Limitations AGREE that the amount cannot exceed the sum of 10M LOD each year. 1.02.6. Deficit UNDERSTAND that if no surplus is available, they will receive no capital for that year. -------------------------------------------------------------------- ------------------------------------------------ 2. Investments -------------------------------------------------------------------- --------------------- 2.01. Provisos of Establishment 2.01.1. Purpose UNDERSTAND that Equifund's purpose is to offer capital to private entities in signatory nations to invest in existing private entities in Beiteynu AND/OR establish new private entities located in Beiteynu AND/OR establish subsidiaries which will operate in Beiteynu. 2.01.2. Participation UNDERSTAND that the capital provided to private entities cannot exceed the amount of 55% of the total investment capital, meaning that private entities can receive investment capital by Equifund only if they provide at least 45% of the total capital themselves. --------------------- 2.02. Provisos of Applications 2.02.1. Participants UNDERSTAND that Equifund's capital can be received only by private entities in signatory nations. 2.02.2. Industries UNDERSTAND that investments are only acceptable for technology and defence industries. 2.02.3. Background Checks for the Defence Industry UNDERSTAND that investments in the defence industry from signatory nations are subject to background security checks. 2.02.4. Authority of Background Checks for the Defence Industry UNDERSTAND that Equifund's main office located in Beiteynu is responsible for running background security checks of private entities wishing to invest in the defence industry from signatory nations. 2.02.5. Confidential Information AGREE to provide all the necessary and relevant information under strict confidentiality to the Equifund's main office located in Beiteynu. |
Articles[?]
The treaty consists of the following articles.
Ratifiers[?]
The treaty has been formally ratified by the following nations.
| Nation | Date |
| MÄliva Janaparishadsanghah (Malivia) | July 5420 |
| Federacijam Xalkii Ozodi Aldegor (Aldegar) | May 5293 |
| Kingdom of Great Baeguk (Baeguk) | April 5275 |
| Holy Luthorian Empire (Luthori) | December 5250 |
| Kundrati Union (Kundrati) | November 5243 |
| Bundesrepublik Dundorf (Dundorf) | March 5230 |
| Rzeczpospolita Walruzyjska / Valruzian Republic (Valruzia) | January 5230 |
Pending Ratifications
Compliance[?]
The treaty contains no articles that can be verified.
Ratification
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Ratification Map
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