Legislative Bill · Sekuntomia
Passed

Economic Deregulation And Liberalization Act of 2021

Proposed by Sekuntomia Nationalism · fronted by Adrian O'Connor
Passing
in the Parliament
Opened
4 Oct 2021
Voting closes
3 Dec 2021
Chambers
1 legislature
Articles
5 changes

Rationale

To boost economic growth by reducing barriers, fostering innovation, and increasing competitiveness through deregulation and market-driven policies.

Proposed Changes

1

Banking & Financial Regulation
Previous law
Light-touch regulation
Deregulated financial centre

2

Child Labour Law
Previous law
Employment permitted from age 16 with restrictions; no work under 16
Light work permitted from age 14; full employment from 16

3

Public Ownership of Key Industries
Previous law
Private, with strong regulation
Privatise and lightly regulate

4

University Tuition
Previous law
Free higher education for all
Tuition fees

5

Renewable Energy Mandates
Previous law
Balanced energy mix
No energy regulation (any fuel source permitted; no environmental standards)

Timeline

  • Draft
    4 October 2021


  • Vote Open
    4 October 2021


  • Vote Closed
    3 December 2021


  • Became Law
    3 December 2021

Vote tally

Live tally across each chamber. Weighted by seats held.

Parliament

Passed
99Yes 0No 0Not voted 99 seats

For: 99 / 99 seats (100.0%)

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

50.1% of those voting must vote in favour (actual = 100.0%)
Party Seats Vote
Sekuntomia Nationalism Proposer 99 Yes
Sekuntomian National Union 0 No
Empty seats 99 Not voted

President

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
Sekuntomia Nationalism Proposer 1 Yes

Voting record

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

No

“Most importantly: I would definitely take a business-friendly approach on points 1, 3, and 5. These are likely to support investment, business activity, and industrial competitiveness. Regarding point 4, Tuition fees may be more favourable in the short term from a GDP and public finance perspective, but in the long term, lower participation in higher education could weaken human capital. It also does not align with an education-friendly policy.”

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