“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.”
Economic Deregulation And Liberalization Act of 2021
Rationale
To boost economic growth by reducing barriers, fostering innovation, and increasing competitiveness through deregulation and market-driven policies.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Light-touch regulation
|
Deregulated financial centre
|
|
| 2 | Child Labour 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 |
Private, with strong regulation
|
Privatise and lightly regulate
|
|
| 4 | University Tuition |
Free higher education for all
|
Tuition fees
|
|
| 5 | Renewable Energy Mandates |
Balanced energy mix
|
No energy regulation (any fuel source permitted; no environmental standards)
|
1
Banking & Financial Regulation2
Child Labour Law3
Public Ownership of Key Industries4
University Tuition5
Renewable Energy MandatesProposer
Party
Sekuntomia Nationalism
We stoke the flames of progress for a nation unchained by limits or guilt. Freedom is our compass growth is our creed and the young are our flame.
Core pillars
Adrian O'Connor
Activist · Age 42
A career political operative with a knack for backroom deals, Adrian O'Connor has climbed the ranks by delivering results—but his blunt delivery often undermines his influence.
Timeline
-
Draft4 October 2021
-
Vote Open4 October 2021
-
Vote Closed3 December 2021
-
Became Law3 December 2021
Vote tally
Live tally across each chamber. Weighted by seats held.
Parliament
PassedFor: 99 / 99 seats (100.0%)
Against: 0 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Sekuntomia Nationalism Proposer | 99 | Yes | No reason given |
| Sekuntomian National Union | 0 | 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. |
| Empty seats | 99 | Not voted |
President
PassedFor: 1 / 1 seats (100.0%)
Against: 0 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Sekuntomia Nationalism Proposer | 1 | Yes | No reason given |