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Act of Parliament The Charter Bill

Do the members wish to being this bill I to law?


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Luke201556

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Luke201556
Luke201556
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Jul 1, 2024
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Author: Luke201556 MP
Sponsor: Galavance MP
Type: Act of Parliament

A
BILL
TO
Allow for wider-ranging resource extraction and energy production.

Preamble: This will allow for the extraction of natural resources from government land by private entities while allowing for both the government to raise funds and to create a sovereign wealth fund for which can be used to invest into the citizens and businesses of the nation.


1. Charter Definition
(a) A Charter shall be considered a license to extract natural resources from plots on non-plot land (or sea) or to produce offshore energy.
(b) A Charter shall last 4 months after which it shall be designated for auction.
(i) A Charter shall be designated via a public auction to participate; bidders must provide evidence of at least $5,000 either in a bank account, on player or in company.
(ii) Of the revenues generated 25% of the income must be given to a joint public/private sovereign wealth fund used to re-invest into the economy of the nation.



2. Types of Charter


(a) Land Extraction Charter
(i) This will be a charter for the extraction of natural resources on non-essential land neither part of existing infrastructure or that pre-designated to be sold as a plot.
(ii)The size of the charter shall be a region of at least 2 by 2 chunks in size to a maximum of 5 by 5 chunks.
(iii)The land within the chartered region may only be used for resource extraction and associated infrastructure such as storage but not that which will be used for its refining or smelting.


(b) Off-shore Extraction Charter
(i) This will be a charter similar to that of land extraction of natural resources located offshore. An off-shore resource charter may not interfere with off-shore energy charters or vice versa first designated first prioritised unless such a situation as to the depletion of the natural resource.
(ii) The size of the charter shall be a region of at least 5 by 5 chunks to a maximum of 12 by 12 chunks.
(iii)The sea within the chartered region may only be used for resource extraction and associated infrastructure such as storage but not that which will be used for its refining or smelting. Included within this they cannot transform the sea into an island and must create an “oil rig or barge” to be inspected by MUD before construction or paste (which is to be done free of paste fee although resources must still be provided or purchased by the holder of the charter) on the site after which the size and shape may not be significantly changed.
(iv) The bidders on the auction for such a charter must show ownership of either a motorized boat or helicopter.


(c) Offshore Energy Charter
(i)This charter shall be designated for the production of off-shore energy via wind turbines or Tidal Generators.
(ii)The size of the charter shall be 20 by 20 chunks with a maximum of 6 to be designated in the nation at any one time at the discretion of MUD to charter the regions and select the place in which they are located.
(iii) The sea within the chartered region may only be used for the production of energy via wind turbines or tidal generators (or both).

(iv) The bidders on the auction for such a charter must show ownership of either a motorized boat or helicopter.



3. Designation of Charters
(i) The designation and the decision on the size of chartered regions will be handled by MUD.
(ii) Any citizen with the industrialist career path may request for a resource region to be chartered and it must be done (within 15 days) as such as long as it does not interfere essential land (land which has pre-existing infrastructure)or neither that which is part of a pre-designated to be sold as a plot. As well as contains a resource node/vein of some sort.

Enactment: This Act comes into force immediately upon passage.
 
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