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Alexandrium Regulation and Strategic Reserve Act, 1729
Long title
An Act to establish a legal framework for the extraction, processing, use, exportation, and preservation of Alexandrium, to provide for penalties for violations, to create a national strategic reserve, and to establish a taxation system for funding these initiatives; among other purposes.
Bill as submitted to the "Hopper" of the Federal Assembly, 1729AN
THE ALEXANDRIUM REGULATION AND STRATEGIC RESERVE ACT, 1729
THE READING OF
A
BILL
TO
Establish regulations for the extraction, processing, and use of Alexandrium, to regulate its export, to establish penalties for violations, to create a national strategic reserve of Alexandrium, and to introduce a tax on Alexandrium, among other purposes.
THE ALEXANDRIUM REGULATION AND STRATEGIC RESERVE ACT, 1729
Ordered, by the Cortes Federales of Nouvelle Alexandrie,
to be Printed, 1729AN. BE IT ENACTED by the King’s Most Excellent Majesty, by and with the advice and consent of the Cortes Federales, in this present session assembled, and by the authority of the same, as follows:-
PART I GENERAL PROVISIONS.
Article 1: Citation.
This Act may be cited as the "Alexandrium Regulation and Strategic Reserve Act, 1729".
Article 2: Definitions.
For the purposes of this Act:
"Alexandrium" refers to the novel element recently discovered[1] within the territory of Nouvelle Alexandrie and any compounds or derivatives thereof;
"Extraction" refers to the removal or mining of Alexandrium from its natural location;
"Processing" refers to any action that alters the physical or chemical properties of Alexandrium;
"Use" refers to any application of Alexandrium in various industries or for research;
Alexandrium deposits, regardless of the state in which they are found or the form in which they are presented, are the direct, inalienable, and imprescriptible domain of the Federation of Nouvelle Alexandrie. No concession or contract may confer ownership of Alexandrium deposits.
The right to explore and exploit Alexandrium fields, and market their products is exercised by the Federation through the Alexandrium Management Authority (hereinafter referred to as the “AMA”). This public authority, for the exploration, exploitation, and commercialization of Alexandrium, shall be allowed into joint ventures with individuals or groups, national or foreign, according to the provisions of this Act and the laws.
The processing and industrialization of Alexandrium will be carried out in accordance with the provisions of the laws.
The AMA, on behalf of the Federation, may enter into joint ventures with individual or collective foreign, public or private entities, for the exploration, exploitation, and commercialization of Alexandrium, maintaining in all cases the ownership of the proprietary right over the real estate that, for purposes of the Alexandrium industry, are built within that area and will exercise possession of them even through third parties.
The Federation nor the AMA shall not assume any obligation of financing or liability to third parties with respect to risk-sharing agreements.
The Alexandrium activities subject to this Act will be executed using modern techniques and procedures for the exploitation of the deposits, under the supervision of the AMA, in order to establish production levels in accordance with efficient and rational practices for the recovery of Alexandrium reserves and the conservation of fields, not being able to proceed to the waste or mishandling of Alexandrium, without the prior express approval of the Secretary of Energy and Environment and the supervision by the AMA.
PART III BASIC REGULATION FRAMEWORK FOR ALEXANDRIUM.
4. ESTABLISHMENT OF THE ALEXANDRIUM REGULATORY AND DEVELOPMENT AUTHORITY (ARDA).
ARDA shall be led by an Executive Director, appointed by H.M. the King, on advice of the President of the Government of Nouvelle Alexandrie, subject to confirmation by the Federal Assembly. The Executive Director will serve a term of five (5) AN years and may be reappointed.
two members appointed by H.M. the King, on advice of the President of the Government of Nouvelle Alexandrie, from among stakeholders in the Alexandrium industry, such as academia, private sector, and civil society organizations, each serving staggered terms of five (5) AN years.
The Board of Directors shall meet quarterly or more frequently as necessary, and is responsible for setting the strategic direction of ARDA, approving regulations, reviewing licensing applications, and ensuring the overall accountability of the Authority.
The ARDA shall establish several departments within its organizational structure to handle specific areas of responsibility, including but not limited to:
Licensing;
Compliance;
Environmental Oversight;
Research Coordination;
Strategic Reserve Management.
ARDA shall be funded by the federal government through annual appropriations, fees collected from licensing and other regulatory activities, and a portion of the Alexandrium Tax revenues as provided in this Act.
ARDA shall have the authority to employ officers, agents, and other personnel necessary to perform its functions, and may establish advisory committees as needed to provide expert advice on technical, scientific, and policy matters.
The ARDA shall have enforcement powers to impose penalties for non-compliance, including fines, revocation of licenses, and referral of serious offenses to federal prosecutors.
In exercising its functions, ARDA shall adhere to principles of transparency, public participation, and evidence-based decision-making, and shall ensure that its activities contribute to the sustainable development of the Alexandrium industry and the broader economic and environmental goals of Nouvelle Alexandrie.
5. DEPARTMENT OF INTERIOR RESPONSIBILITIES.
The Department of Interior shall be responsible for the issuance of permits for Alexandrium extraction and processing operations, ensuring compliance with the ARDA regulations and the provisions of this Act.
The Department of Interior shall establish a compliance unit to monitor the activities of licensees and enforce adherence to safety and operational standards.
6. DEPARTMENT OF ENERGY AND ENVIRONMENT OVERSIGHT.
The Department of Energy and Environment shall oversee all Alexandrium-related activities to ensure they do not adversely affect the environment, and that sustainable practices are employed in the extraction and processing of Alexandrium.
The Department of Energy and Environment shall provide assistance in the permitting process by conducting environmental impact assessments and recommending mitigation strategies.
