Bill: Proposed Business Headquarters Amendment

[xXLordLyonXx]

Sponsor: Lysander Lyon, MP
Type: Amendment to an Act

A
BILL
TO
Establish Procedure for Business Headquarters to be Established​

Preamble: Enabling businesses to establish formal headquarters will clarify jurisdictional questions when it comes to district programs and regulations, and also when it comes to litigation or other legal matters.

1. Short Title and Enactment
(a) This Amendment comes into force immediately upon passage.
(b) This Amendment shall be known as the “Business Headquarters Amendment”

2. Amendments
(a) The Business Reform Act shall be amended as follows:

16. Establishing a Headquarters
(a) Any private enterprise, limited company, or other organizational entity may file with the Ministry of Economic Affairs to formally establish its headquarters at a location within the Azalea Isles.
(i) For the purposes of this Amendment, organizational entities shall include law firms; news organizations; financial institutions; and not-for-profit organizations.
(ii) In all following sections, “entity” shall be used to be concise, but shall include private enterprises and limited companies.
(b) The Ministry of Economic Affairs shall gather the following information for such a filing:
(i) The name of the entity establishing its headquarters.
(ii) The name of a representative of the entity, for public display and communication purposes.
(1) The representative must be part of the entity’s executive leadership, or acting as legal counsel, and must attest to their ability to represent the entity, under penalty of prosecution for Criminal Fraud.
(iii) The region or plot the entity wishes to establish its headquarters at.
(iv) The type of entity, or the purpose of its primary operations, such as journalism, food sales, industrial manufacturing, etc.
(c) No two entities may be headquartered in the same region.
(i) It is acceptable for one entity to be headquartered at a subregion on a plot, and another entity to be headquartered at the plot itself, but two entities sharing the same plot without having differing subregions, or sharing the same subregion, is prohibited.
(d) To change an entity’s headquarters location, the entity shall be required to pay a $1,500 fee, and wait one full calendar month before they can transfer again.
(i) Initial registration shall be free, but the transfer cooldown shall still apply.
(e) An entity may deregister its headquarters with the Ministry of Economic Affairs at any time. Future re-registration shall be subject to the same fee and cooldown changing locations would be.
(f) The Ministry of Economic Affairs is expected to keep a list of entities with their headquarters publicly visible on the forums, updated in a timely fashion.