Commercial Reform Act, 2016
PREAMBLE
WHEREAS the current Commerce and Currency Act does not allow for free and fair private commerce,
AND WHEREAS the current Commerce and Currency Act does not take into account the Constitution Reform Act, 2015,
THEREFORE Her Majesty the Queen on advice of the government does hereby enact as follows:
ARTICLE 1 - AMENDMENTS TO THE COMMERCE AND CURRENCY ACT
- The name of the Commerce and Currency Act shall be the Commerce, Retail and Currency Act.
- ARTICLE 2 of the Commerce, Retail and Currency Act is amended as
follows:
- (2.2) is amended as follows:
- (2.2) Retail licences shall be awarded by the Government.
- (2.2.a) through (2.2.e) shall be repealed.
- (2.3) shall be repealed.
- (2.4) shall be repealed.
- (2.6) is amended as follows:
- (2.6) The Government may revoke any retail licence at any time.
- (2.6.a) EXCEPT if the holder of the licence is in good standing.
- (2.6.b) The Government shall inform the licence holder twenty-four (24) hours prior to the revocation of their licence that their licence is being revoked.
- (2.6.c) The holder of the revoked licence shall have the right to appeal the revocation in court, provided it has not been fourteen (14) days since the licence was revoked.
- (2.7) shall be created and shall read as follows:
- (2.7) The following categories of retail licence shall be made available:
- (2.7.a) A Class A Retail Licence shall have the following provisions:
- (2.7.a.i) Class A Retail Licences shall be issued, without limitation for a fee of Five-Hundred Dollars ($500.00).
- (2.7.a.ii) The fee in (2.7.a.i) may be amended per the Constitution Act, 2015 (4.1).
- (2.7.a.iii) The holder of a Class A Retail Licence shall only retail goods specified in the Crown Corporation Act (Appendix A).
- (2.7.a.iv) A Class A Retail Licence shall apply to only a single location.
- (2.7.a.v) Violation of any of (2.7.a) shall result in a maximum fine of Ten-Thousand Dollars ($10,000.00) and/or revocation of some or all of the offender's Class A Retail Licences.
- (2.7.b) A Class B Retail Licence shall have the following provisions:
- (2.7.b.i) Class B Retail Licences may bear the name of the specific Class B Good or Service they pertain to.
- (2.7.b.ii) The Government may set limitations on which Class B Goods and Services a specific Class B Retail Licence Pertains to.
- (2.7.b.iii) Potion Retail Licences shall be issued pursuant to the Potion Control Act, 2015
- (2.7.b.iv) Enchanted Tool Retail Licences shall be issued pursuant to the Enchanted Tools Act, 2015.
- (2.7.b.v) The holder of a Class B Retail Licence shall only retail the goods or services of which their licence grants them the authority to do.
- (2.7.b.vi) A Class B Retail Licence shall apply to only a single location.
- (2.7.b.vii) Violation of any of (2.7.b) shall result in a maximum fine of Fifty-Thousand Dollars ($50,000.00) and/or revocation of some or all of the offender's Retail Licences.
- (2.7.c) The Government may create additional categories of licences per the Constitution Act, 2015 (4.1).
- (2.7.d) The Government may remove existing categories of licences per the Constitution Act, 2015 (4.1).
- (2.7.d.i) The Government shall not revoke any existing licences if the holder is in good standing when the category is removed.
- (2.2) is amended as follows:
- ARTICLE 3 of the Commerce, Retail and Currency Act is amended as
follows:
- (3.2) is amended as follows:
- (3.2) A business shall only retail products of which their licence grants them to do so.
- (3.3) shall be repealed.
- (3.2) is amended as follows:
- ARTICLE 5 of the Commerce, Retail and Currency Act is amended as
follows:
- (5.3.a) is amended as follows:
- Should a player choose to declare bankruptcy all of their remaining assets shall be turned over to an arbitrator, appointed by the Government. The arbitrator shall be responsible for the fair distribution of the players remaining assets.
- (5.3.a) is amended as follows:
- ARTICLE 9 of the Commerce, Retail and Currency Act shall be repealed.