NS 206-1: Business Start-up Act [REPEALED] Aug 4, 2014 19:52:51 GMT -5
Post by Cerb on Aug 4, 2014 19:52:51 GMT -5
NS 206-1: Business Start-up Act
Record Number: NS 206-1
1. The previous system of business applications/licenses is hereby repealed. Henceforth, businesses may start of their own initiative, without needing to wait for approval from the Council.
2. To start a business, the founder or one of the founders must complete the following form and post it publicly in the Regional Reserve Board:
[Name of Business] Incorporation Papers
Name of business:
Nation(s) founding the business:
Will be creating a forum account for the business?:
Would like a sub-board in the Regional Reserve? Elsewhere?:
Seeking Regional Reserve subsidies:
Service/means of making profit:
Brief Description (up to 300 words) of what you hope to achieve and what you can offer the region:
Further requests or comments:
After posting, the business may begin operation immediately. The Regional Reserve Chairman shall work with the business and the appropriate authorities to create a sub-board or fulfill the other requests as needed, though the Chief Executive still has final say over the creation or rearrangement of forum boards and sub-boards.
3. Notwithstanding the above, businesses seeking subsidies from the Regional Reserve will still require an affirmative vote from the Council in order to receive subsidy funds, but may operate in the meantime without such funds if they wish.
4. The Council of Nine, the Chief Executive, and the Regional Reserve Chairman each reserve the right to close, fine, or otherwise punish a business or its owner(s) for fraud or otherwise acting in a way contrary to the Constitution of the 10000 Islands.
5. Charities and other such special organizations should fill out incorporation papers to the best of their ability, with unique issues being dealt with on a case-by-case basis.
6. After proper consultation, outreach, and investigation, the Council of Nine, the Chief Executive, and the Regional Reserve Chairman each reserve the right to declare an irreparably inactive company out of business and take whatever subsequent measures they deem necessary, including but not limited to archiving sub-boards and disbursing funds.
Repealed in full by NS 271-2: The New Business Creation and Regional Reserve Regulations Act