Library:Private Sector Companies Act
1. The following are privately owned and run companies affiliated to the New Republic under the Private Sector Agreement and as such are afforded all rights and privileges as citizens of the New Republic.
2.1. New Republic citizens may own, operate, and join privately owned factions and retain New Republic citizenship provided that all group members are full New Republic citizens.
2.2. Such factions shall clearly state that they are privately owned and New Republic-affiliated.
2.3. Such factions may sell goods and services to non-enemies of the New Republic at prices of their own determination.
3.1. Potential Private Sector Affiliates must apply to the Republic Diplomacy Command to become a New Republic Affiliate provided they meet all the above requirements. RDC will ensure that the group is aware of the terms of being a New Republic Affiliate and the High Ambassador will ensure that NRI is aware of the application and present the application to the Senate for approval; a simple majority vote is required in the Senate.
3.2. The Director of NRI shall retain final membership approval for those seeking to join New Republic-affiliated factions.
3.3. A PSA may be removed upon the recommendation of the Director of NRI, Chief of State, and/or the High Ambassador via an up or down vote from the Senate; which requires a simple majority (51%) to pass. If the PSA is terminated, Article 10.1.4 of the New Republic Constitution applies. Should the PSA member in question be a public or elected official within the New Republic, they will lose their citizenship as stated under Article 10.1.4 of the New Republic Constitution. Said member will then be removed from their position, unless an appeal is made to the Senate. Should the Senate rule against the individual's appeal, they will then be removed from their position or office effective immediately.
4.1. A Private Sector Company can submit to the Ministry of Natural Resources a request for mining permissions in a New Republic's System. If the permission is given, an agreement will be signed and posted on the PSA sub-forum in NRCC.
Important: The data on this page is possibly outdated (last modified: 18 May 2015)
