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The Empire of the Alexandrians > The Grand Library of the Imperial Parliament > Economic Shutdown Act of 2007



Title: Economic Shutdown Act of 2007
Description: Passed May 27, 2007.


Emperor Edgard II - March 30, 2008 11:48 PM (GMT)
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Economic Shutdown Act 2007

Article 1Name.
1. This act may be cited as the Economic Shutdown Act 2007.

Article 2Reasons.
2. Due to the fact that no matter all the efforts put into the economic simulation of the Empire, it never worked properly.
3. Due to the fact that there have been many Acts to regulate it, and one after the other, proved to be unsuccessful to make the economy run.

Article 3Resolution of the Imperial Parliament.
4. The Imperial Parliament of Alexandria resolves to shut down the whole economic simulation. And to this purpose the following steps will be taken:

Article 4Actions to be taken.
5. The Ministry of Economics will be closed.
6. The Geneva Business District will be closed.
7. The Central Bank of Alexandria will be closed.
8. All laws regulating the economic activity in the Empire will be rendered null and void by this Act.
9. Article 4 Subsection 1 of the Executive Succession Amendment Act of 2006 will be amended to read as follows:
 
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“1. The following shall be the official succession after the Deputy Prime Minister: Speaker of the Imperial Parliament, Minister of the Interior, Minister of Defense, Minister of Justice, Minister of Foreign Affairs.”


10. All the economy-related threads will be archived in the General Archives of the Empire in a sub-forum called “Economic Archives”.

Article 5Imperial Assent.
11. This bill will have force of law once it has received Imperial Assent.




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