Difference between revisions of "The act of usury"

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The act of usury was enacted by king [[Zara]] in 398 a.Q. The law spelled the end of the [[Dark age of banking]]. Over the next three years, 86 bankers was executed, 8 of which was sent to [[Welauneqi]] by king Zara herself.
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{{Portal|History}}The act of usury was enacted by king [[Zara]] in 398 a.Q. The law spelled the end of the [[Dark age of banking]]. Over the next three years, 86 bankers was executed, 8 of which was sent to [[Welauneqi]] by king Zara herself.
  
 
{{Law|By this legislation, WE, the parliament of [[Illte]], set forth the following laws to be followed by all inhabitants of Illte, both [[Illomi]] and [[Zhonyo]], in all communities and on all islands on the continent.
 
{{Law|By this legislation, WE, the parliament of [[Illte]], set forth the following laws to be followed by all inhabitants of Illte, both [[Illomi]] and [[Zhonyo]], in all communities and on all islands on the continent.

Revision as of 16:21, 16 June 2013

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The act of usury was enacted by king Zara in 398 a.Q. The law spelled the end of the Dark age of banking. Over the next three years, 86 bankers was executed, 8 of which was sent to Welauneqi by king Zara herself.

By this legislation, WE, the parliament of Illte, set forth the following laws to be followed by all inhabitants of Illte, both Illomi and Zhonyo, in all communities and on all islands on the continent.

By this law the following restriction of the freedoms stated are in place as of this day of signing:


The following freedoms are restricted by this law:
〶 The freedom of earnings.


The following restriction are added to said freedom:
〶 By this law it has been deemed necessary to limit the freedom to earn money on lending out money. This practice has hereby been outlawed to stop moneylenders from binding loaners into slavery.


The following freedoms are restricted by this law:
〶 The freedom of life.


The following restriction are added to said freedom:
〶 By this law it has been deemed necessary to limit the freedom of life for any person who are deemed by court of law to have disregarded the restriction of earning added by this law, for the amount of time from the end of life set by the court to the natural end of life for the condemned. If this penalty is deemed to be invalid by any other law, the court shall provide a penalty of its own choosing, that is not invalidated by other laws.


This law is the will of the parliament elected by the people of Illte in 395 a.Q. by both Illomi and Zhonyo alike. This law has been attested by the majority and the minority to have been passed according to the laws of the parliament set down by Qakhomatze, tradition and court of law. This law has been sanction by King within the allotted time set down by law.

All signatures was validated by three Witnesses at the time of signing. All signatures are available, as required by law and tradition.

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