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Bill: Proposed Financial Revisions Act

xXLordLyonXx

Member
Parliament Member
xXLordLyonXx
xXLordLyonXx
Joined
Jun 30, 2024
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46
Author: Lysander Lyon, MP
Sponsor: N/A
Type: Act of Parliament

A
BILL
TO

Formalize Existing Financial Provisions​

Preamble: With the pending repeal of the Miscellaneous Changes & Foreign Affairs Omnibus Act, this bill reestablishes the business limits while also changing the tax on bank revenues.

1. Short Title

(a) This bill shall be referred to as the "Financial Revisions Act".
(b) This bill was authored by Lysander Lyon.

2. Business Limits

(a) A player may own no more than ten businesses in the game.

3. Commercial Bank Taxes

(a) The Financial Institution Establishment Act, section 2(a)i, shall be amended to the following: 25% of monthly profits must be paid to the Ministry of Economic Affairs.

Enactment:
This Act comes into force immediately upon passage.
 
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