(TWI ONLY) Common Currency Union

[Coastal Prowe]

Article nine, what are the official languages of the CCU, will you be asking the delegates their nation's main language?

The official languages of the CCU are the official languages of the member states.

Alright, that sounds good, thank you for listening. You will not hear anymore irritating questions from me, I like the charter

[The Pacific Peace Union]

"Also, it states in section three what Union criteria is;

"Legal criteria requires that national legislation, in particular the national central bank and monetary issues, is compatible with the Treaty."

Also in section 3.1 there is another general rule

[Coastal Prowe]

"Also, it states in section three what Union criteria is;

"Legal criteria requires that national legislation, in particular the national central bank and monetary issues, is compatible with the Treaty."

Also in section 3.1 there is another general rule

That is a mistake on my part my apologies I must of missed it but I do like this charter, great work

[The Pacific Peace Union]

"That is fine, anyone else?"

[Coastal Prowe]

"That is fine, anyone else?"

I imagine that the exchanges between currencies are not finished yet?

[Alantania]

"Shall we begin voting then?"

[The Pacific Peace Union]

"If you wish"

[Alantania]

"That's not a very sound answer."

[The Pacific Peace Union]

"Are you going to vote? or"

[Alantania]

"We'll be voting on the charter, yes?"

[The Allah and Muhammad]

"Excuse me. I was, per say, using the rest room whilst we voted for the currency. Has it been chosen?" asked the Vice President, sipping on coffee.

[Coastal Prowe]

"Excuse me. I was, per say, using the rest room whilst we voted for the currency. Has it been chosen?" asked the Vice President, sipping on coffee.

(Image)

Yes we have it is the Royal

[Dashgrinaar]

Kendra Valiari entered the Assembly hall after flying to the I.D. She puts her luggage away, and then goes to meet the other delegates.

[The Pacific Peace Union]

"Welcome! Have a seat we are going over the charter."

[Dashgrinaar]

She arrived at the meeting, ready to take on business.

"Good day, fellow delegates, I am Kendra Valiari. It is nice to meet you. I have been briefed of what you have done, and agree with the name 'The Royal.'"

She ruffled through a sheaf of papers, and brought one out.

"I have reviewed the charter, but see something lacking, if the economy of a country is using the Royal as a currency, and another country using it's economy goes under, then what happens. I present:

Article 12
In the event of a member nation's economy becoming depleted or failing, the following steps will be taken*:

a. The Committee will take a vote to see if they view this as threatening to the currency. If voted yes, then
b. The Member States vote upon the issue, if a majority vote is passed, then
c. The Committee will issue a statement, directly after the vote, in which the Royal will cease and desist from being used, and then
d. The Committee will vote upon the Royal ceasing to exist

*In a vote of no, the process will be terminated

OOC: Does it need to be a resolution?

[The Pacific Peace Union]

"So what you are saying is, if an economy crashes we will terminate the currency? Will this be temporary? Will we be able to re establish it after?"

[Dashgrinaar]

"So what you are saying is, if an economy crashes we will terminate the currency? Will this be temporary? Will we be able to re establish it after?"

Yes, at first the currency will stop being used, then the Committee can vote to terminate it. I will add that we can re-establish it.

Here:

Article 12
In the event of a member nation's economy becoming depleted or failing, the following steps will be taken*:

a. The Committee will take a vote to see if they view this as threatening to the currency. If voted yes, then
b. The Member States vote upon the issue, if a majority vote is passed, then
c. The Committee will issue a statement, directly after the vote, in which the Royal will cease and desist from being used, and then
d. The Committee will vote upon the Royal ceasing to exist

i. Another vote of the Committee can reverse process D and reinstate the currency.

*In a vote of no, the process will be terminated

[The Pacific Peace Union]

"So what you are saying is, if an economy crashes we will terminate the currency? Will this be temporary? Will we be able to re establish it after?"

Yes, at first the currency will stop being used, then the Committee can vote to terminate it. I will add that we can re-establish it.

Here:

Article 12
In the event of a member nation's economy becoming depleted or failing, the following steps will be taken*:

a. The Committee will take a vote to see if they view this as threatening to the currency. If voted yes, then
b. The Member States vote upon the issue, if a majority vote is passed, then
c. The Committee will issue a statement, directly after the vote, in which the Royal will cease and desist from being used, and then
d. The Committee will vote upon the Royal ceasing to exist

i. Another vote of the Committee can reverse process D and reinstate the currency.

*In a vote of no, the process will be terminated

"I like it, so than the union will stay in place just not the currency? If so I support this addition and vote Yea."

[Dashgrinaar]

Yes, at first the currency will stop being used, then the Committee can vote to terminate it. I will add that we can re-establish it.

Here:

Article 12
In the event of a member nation's economy becoming depleted or failing, the following steps will be taken*:

a. The Committee will take a vote to see if they view this as threatening to the currency. If voted yes, then
b. The Member States vote upon the issue, if a majority vote is passed, then
c. The Committee will issue a statement, directly after the vote, in which the Royal will cease and desist from being used, and then
d. The Committee will vote upon the Royal ceasing to exist

i. Another vote of the Committee can reverse process D and reinstate the currency.

*In a vote of no, the process will be terminated

"I like it, so than the union will stay in place just not the currency? If so I support this addition and vote Yea."

Yes. The entire amendment shall now read:

Article 12
In the event of a member nation's economy becoming depleted or failing, the following steps will be taken*:

a. The Committee will take a vote to see if they view this as threatening to the currency. If voted yes, then
b. The Member States vote upon the issue, if a majority vote is passed, then
c. The Committee will issue a statement, directly after the vote, in which the Royal will cease and desist from being used, and then
d. The Committee will vote upon the Royal ceasing to exist

i. Another vote of the Committee can reverse process D and reinstate the currency.
ii. The Union will remain even if the Royal is terminated

*In a vote of no, the process will be terminated

[/quote]

And, I obviously vote yea.

[Alantania]

"We're voting? Aye, I like it."

[The Allah and Muhammad]

"I do not care of the charter, I simply wish to represent it and make the banks of the CCU. Which is what I believe we should discuss next... location of banks... because a hostile city or a city in danger isn't good as robberies and bombings are not good. But finish your business first."

[The Pacific Peace Union]

"But sir, the charter is the law of the CCU. Surely you must care about it!"

[The Allah and Muhammad]

"But sir, the charter is the law of the CCU. Surely you must care about it!"

"I do not care because you guys care too much, one less care is simply not an impact. Banks are very important, because if the charter is lost or burned, I have a back-up. And with banks, that costs million to replace."

[The Pacific Peace Union]

"But sir, the charter is the law of the CCU. Surely you must care about it!"

"I do not care because you guys care too much, one less care is simply not an impact. Banks are very important, because if the charter is lost or burned, I have a back-up. And with banks, that costs million to replace."

"This is the 21st century... The charter will be saved to multiple harddrives and data centers...." Se laughed. "We can't loose it"

[Dashgrinaar]

"I do not care because you guys care too much, one less care is simply not an impact. Banks are very important, because if the charter is lost or burned, I have a back-up. And with banks, that costs million to replace."

"This is the 21st century... The charter will be saved to multiple harddrives and data centers...." Se laughed. "We can't loose it"

I think he means the banks will cost much to replace.