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Article 26- Accounts |
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| 26.1 |
Accounts |
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The Society's accounts are the unique records held for all objects identified in the Great Registry for the purpose of optimizing the financial wealth of people, corporations and the nation as a whole. |
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The nation provides financial institutions with access to manage transactions in and out of national accounts. However, the ultimate account owners are Society, the people and corporations. |
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| 26.2 |
Dual Contribution Account System |
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Each and every man, woman and corporation who earns income shall be allocated two unique accounts for the calculation of contribution fees:
Contribution deduction account
Contribution credit account |
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Deductions of contribution fees shall be as far as possible an automated process of flat fee calculation. Any deductions then allowed shall be credited into the contribution account, calculation made and then any refund automatically returned to the man, woman or corporations general credit account. |
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| 26.3 |
Calculation of personal contribution fee |
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The level of contribution paid by a Member to a national fee processing bureau should be calculated on its level of earnings before charges (such as bank, loans, and government fees). |
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| 26.4 |
Calculation of corporate contribution fee |
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The level of contribution paid by a corporation to a national fee processing bureau should be calculated on its level of earnings before charges (such as bank, loans, and government fees). |
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On quarter any positive earnings before charges should be considered the level of contribution required is to be made by all corporations operating in that country. |
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| 26.5 |
Deductions for corporate considerations |
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There are legitimate considerations where a corporation has experienced losses that mean it will have no money left over after paying its debts. |
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