Library:Trade Stop Law

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1.1. The Minister of Trade and Industry, the High Ambassador, the Minister of State, the Director of New Republic Intelligence Service, and the Chief of State may ask the Senate to declare trade embargoes against foreign powers, its members, or individuals.
1.2. The Senate will then vote to decide whether they will agree to the request. A simple majority is required.

2.1. The Minister of Trade and Industry or the High Ambassador may impose trade embargoes against foreign powers, its members, or individuals.
2.2. An embargo imposed in this way is valid for four months without Senate confirmation; the Senate must vote for a trade embargo to be valid beyond four months. This vote can occur at any time during those four months and a simple majority is required. If the four months finish without Senate confirmation, the trade embargo is automatically removed.
2.3. If the Senate votes against confirming the trade embargo during the four month confirmation period, the Advisory Council may not declare a trade embargo against that foreign power or individual without Senate approval for a further four months.

3.1. A trade embargo is automatically declared against foreign powers that have been declared as a Criminal Organizations by the New Republic or against foreign powers the New Republic has officially declared war against.
3.2. A trade embargo is automatically declared against individuals that have been declared as criminals by the New Republic.
3.3. The automatic declaration does not need Senate confirmation and will be valid until the termination of the declaration as Criminal Organization or the termination of the state of war respectively.

4. A trade embargo may be removed by the Advisory Council or a Senate vote. The Advisory Council may only remove a trade embargo if the Advisory Councillor that originally requested the trade embargo requests for it to be removed; any other Advisory Councillor has to request the Senate to remove the trade embargo. The Senate may remove a trade embargo at any time; a simple majority is required.

5. An embargo is defined as a trade stop, disallowing any commercial dealings between the affected faction (and its members), or individuals, and official New Republic entities, including nationalized companies and private sector affiliates. Failure to comply, either intentionally or by gross negligence, may be classed at not less than a Class IV offense under New Republican Law.

6. Official New Republic entities, including nationalized companies, private sector affiliates, and capacities are exempt from the Trade Stop Law for the purpose of purchasing their own stock.

7. Individual sales, purchases, and trades can bypass the Trade Stop Law upon prior authorization from the Chief of State, Minister of State, Minister of Trade and Industry, Director of New Republic Intelligence Service, or High Ambassador.

8. The normal dealings of New Republic citizens are not legally bound by the Trade Stop Law, but citizens are encouraged to abide by it whenever possible. However, New Republic citizens caught purchasing on behalf of those affected by the embargo will be guilty of Circumventing the Trade Stop, no less than a Class IV offense.

9. The list of foreign powers, companies and individuals affected by the Trade Stop Law is maintained by the Advisory Council and the New Republic Intelligence Service. It can be altered without a Senate vote if one of the following events occurs to any faction or individual on the list:
9.1. Name change;
9.2. Faction merger; or
9.3. Faction being dissolved.
9. A copy of the list is maintained here for public view.


Important: The data on this page is possibly outdated (last modified: 06 November 2014)