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Ministry of Finance Control Act


Purpose
In the wake of recent controversies, connected to the Ministry of Finance, this act is proposed, to ensure no large loans/donations are given out from the eCanadian Ministry of Finance, without congressional approval.

Article I - Transactions Requiring Approval
The transactions from the Ministry of Finance that would require Congressional Approval are:
(i) Any transactions worth over 25 gold.
(ii) Any transactions to organizations directly connected to the anyone having access to the Ministry of Finance account, and to their citizen accounts, regardless of their worth.
(iii) Monetary market transactions are excluded.

Article II - Method of Approving Transactions
To approve the transaction:
(i) A topic must be created in Closed Door congress, by the Minister of Finance or his Deputy, explaining the nature of the transaction.
(ii) A 24 hour debate must be held.
(iii) After the debate, a 24 hour vote must be held, with the Transaction being approved by 50% + 1 vote.
(iv) In case of emergency(applicable only if there's a direct endangernment of the funds, or a emergency need in government controlled organizations), the Minister of Finance or his Deputy can inform congress that such donation has been made post factum, with the rest of the procedure held in accordance II(ii,iii). In case congress doesn't approve the transaction, the person/persons involved face repercussions listed in Article III.

Article III - Repercussions of Violation
If a person with access to the Ministry of Finance violates this act, the repercussions are as follows:
(i) A congressional censure of the person/persons involved.
(ii) A court case against the person/persons involved, brought forth by the Attorney General.
(iii) A motion to the president, for the involved Cabinet member/members to be replaced.
(iv) A motion to impeach the president, if he is involved.

Article IV - Ratification
This act shall be ratified by congress:
(i) After a 24 hour debate on the matter.
(ii) After a 24 hour vote with 50% + 1 of votes approving the act.

Article V - Amendment
This act may be amende😛
(i) After a 24 hour debate on the matter.
(ii) After a 24 hour vote with 66% of votes approving the amendment.

Article VI - Cancellation
This act may be cancelle😛
(i) After a 24 hour debate on the matter.
(ii) After a 24 hour vote, with 66% of votes approving cancellation.

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