Levonia
Proposals
Financial Deregulation And Privatization Reforms …

Legislative Bill · Levonia

Financial Deregulation And Privatization Reforms of 2019

Proposed by Libra! · fronted by Gerald Miller

Opened

30 Jan 2019

Voting closes

31 Mar 2019

Chambers

3 legislatures

Articles

5 changes

Rationale

These reforms aim to boost economic growth by reducing regulatory burdens, encouraging investment, and aligning with global market best practices.

Proposed Changes

	Law	Previous	Proposed
1	Banking & Financial Regulation	Strong prudential oversight	Deregulated financial centre
2	Competition & Monopolies	Active competition enforcement	Permissive on mergers and scale
3	Consumer Protection	Statutory refund/replace for faulty goods within a set period; basic safety standards	Short statutory warranty only; disputes left to the courts
4	Foreign Land Ownership	Foreign purchases require government approval	Foreign ownership limited to commercial property only; residential banned
5	Public Ownership of Key Industries	Private, with strong regulation	Privatise and lightly regulate

1

Banking & Financial Regulation

Previous law

Strong prudential oversight

Deregulated financial centre

2

Competition & Monopolies

Previous law

Active competition enforcement

Permissive on mergers and scale

3

Consumer Protection

Previous law

Statutory refund/replace for faulty goods within a set period; basic safety standards

Short statutory warranty only; disputes left to the courts

4

Foreign Land Ownership

Previous law

Foreign purchases require government approval

Foreign ownership limited to commercial property only; residential banned

5

Public Ownership of Key Industries

Previous law

Private, with strong regulation

Privatise and lightly regulate

Proposer

Party

Libra!

Libra stands for unyielding order and boundless liberty where the nation’s will shapes the law and markets rise free from fear.

Core pillars

Gerald Miller

Candidate for Captain Regent · Age 65

63,063 social followers

A passionate political activist dedicated to making a difference.

🎓 Academic 🎭 Eccentric 🎤 Fantastic Speaker 💰 Wealthy

Timeline

Draft

30 January 2019
Vote Open

30 January 2019
Vote Closed

31 March 2019
Became Law

31 March 2019

Vote tally

Live tally across each chamber. Weighted by seats held.

Senate

Passed

19Yes 0No 11Not voted 30 seats

For: 19 / 30 seats (63.3%)

Against: 0 · Abstained: 0 · Not voted: 11

50.1% of those voting must vote in favour (actual = 100.0%)

Party	Seats	Vote	Reason
Libra! Proposer	19	Yes	No reason given

Honorary Council

Passed

7Yes 0No 3Not voted 10 seats

For: 7 / 10 seats (70.0%)

Against: 0 · Abstained: 0 · Not voted: 3

50.1% of those voting must vote in favour (actual = 100.0%)

Party	Seats	Vote	Reason
Libra! Proposer	7	Yes	No reason given
Empty seats	3	Not voted

Grand Council

Passed

39Yes 0No 26Not voted 65 seats

For: 39 / 65 seats (60.0%)

Against: 0 · Abstained: 0 · Not voted: 26

50.1% of those voting must vote in favour (actual = 100.0%)

Party	Seats	Vote	Reason
Libra! Proposer	39	Yes	No reason given

Captain Regent

Passed

1Yes 0No 0Not voted 1 seat

For: 1 / 1 seats (100.0%)

Against: 0 · Abstained: 0 · Not voted: 0

Passes unless the office holder votes against (abstention counts as pass)

Party	Seats	Vote	Reason
Libra! Proposer	1	Yes	No reason given

Vice Captain Regent

Passed

1Yes 0No 0Not voted 1 seat

For: 1 / 1 seats (100.0%)

Against: 0 · Abstained: 0 · Not voted: 0

Passes unless the office holder votes against (abstention counts as pass)

Party	Seats	Vote	Reason
Libra! Proposer	1	Yes	No reason given

Voting record

Every vote must state a public reason. Most recent first.

No votes cast yet.