Woldy's Angels Act
Day 3,038, 13:48
•
Published in United Kingdom 
•
by
•
by HebronGazelle
Aim: To help prevent the eUK’s finances being stolen by an unscrupulous CP or dictator, the following system will be put in place:
a. This law comes into effect when the eUK Treasury holds a surplus of 300,000cc.
b. Once this threshold has been exceeded, 100,000cc will be passed to a trusted eUK citizen for safe-keeping.
i. This process will be repeated every time the Treasury reaches 300,000cc
c. Once 800,000cc has been moved to the trusted citizens any further excess will be placed in government controlled Military Units (the MoD MU for example).[/i]
Part A - Trusted citizens
a. eUK Citizens can be nominated at any time to be placed on the Trusted Citizens list by Congressmen
i. A candidate must receive 5 congressional sponsors with at least two different parties represented within the 5; when this happens their candidacy will be put to a simple majority vote involving the whole of Congress + the CP.
ii. When it is time for another 100k to be given out, the CP may select any citizen on the list. A Citizen who receives money will then be removed from the eligible list
iii. Congress can vote to place a citizen on the list a maximum of two times.
iv. The current CP and dictator may not be nominated as trusted citizens.
v. Known thieves and people with a history of theft may not be added to the Trusted Citizens list
Part B - Control of funds
a.Funds are held by trusted citizens on behalf of the eUK. At no time will those funds be considered the property of the trusted citizen.
b.The CP may, at any time, ask a trusted citizen to return the funds they hold.
i. Congress must approve any movement of funds from Trusted Citizens by a simple majority vote prior to the funds being moved. The CP should allow 48hrs for Congress to debate and vote on a movement of funds.
1. Exception: In Emergency circumstances the CP can unilaterally request funds from Trusted Citizens, though he must endeavour to consult with Congress as much as possible.
c. The CP and/or Congress must specify the account to which the funds are transferred. This must be a recognised eUK account (eg Bank of England, a national org, a recognised MU for COs etc).
Part 3 - In the event of fraud
a. If, for any reason, a trusted citizen refuses or fails to the return funds that they hold when legally requested to do so, the CP and/or Congress will use all available means to reclaim the funds
b. Any trusted citizen who refuses or fails to transfer funds when requested will be automatically blacklisted and may not be nominated or selected as a trusted citizen in the future.
a. This law comes into effect when the eUK Treasury holds a surplus of 300,000cc.
b. Once this threshold has been exceeded, 100,000cc will be passed to a trusted eUK citizen for safe-keeping.
i. This process will be repeated every time the Treasury reaches 300,000cc
c. Once 800,000cc has been moved to the trusted citizens any further excess will be placed in government controlled Military Units (the MoD MU for example).[/i]
Part A - Trusted citizens
a. eUK Citizens can be nominated at any time to be placed on the Trusted Citizens list by Congressmen
i. A candidate must receive 5 congressional sponsors with at least two different parties represented within the 5; when this happens their candidacy will be put to a simple majority vote involving the whole of Congress + the CP.
ii. When it is time for another 100k to be given out, the CP may select any citizen on the list. A Citizen who receives money will then be removed from the eligible list
iii. Congress can vote to place a citizen on the list a maximum of two times.
iv. The current CP and dictator may not be nominated as trusted citizens.
v. Known thieves and people with a history of theft may not be added to the Trusted Citizens list
Part B - Control of funds
a.Funds are held by trusted citizens on behalf of the eUK. At no time will those funds be considered the property of the trusted citizen.
b.The CP may, at any time, ask a trusted citizen to return the funds they hold.
i. Congress must approve any movement of funds from Trusted Citizens by a simple majority vote prior to the funds being moved. The CP should allow 48hrs for Congress to debate and vote on a movement of funds.
1. Exception: In Emergency circumstances the CP can unilaterally request funds from Trusted Citizens, though he must endeavour to consult with Congress as much as possible.
c. The CP and/or Congress must specify the account to which the funds are transferred. This must be a recognised eUK account (eg Bank of England, a national org, a recognised MU for COs etc).
Part 3 - In the event of fraud
a. If, for any reason, a trusted citizen refuses or fails to the return funds that they hold when legally requested to do so, the CP and/or Congress will use all available means to reclaim the funds
b. Any trusted citizen who refuses or fails to transfer funds when requested will be automatically blacklisted and may not be nominated or selected as a trusted citizen in the future.
Facebook
Twitter
Discord
Comments