2024 Industrial Warfare Adaptation Act

The 2024 Industrial Warfare Adaptation Act is a piece of Legislation that was passed by the Fourth gerdist Ministry by Chester Pansire and Nge who were the joint Ministers of Production. This Act details what should occur with private and state-owned businesses in a time of crisis preparation and in times of an ongoing crisis too.
== Sections Contained Within The Bill ==
* Private and state-owned businesses will be mandated to perform regular crisis and war readiness training 
* Businesses will also be given financial incentives to prepare for military conversion during prolonged state of warfare, meaning that control over the business’ resources, property and services will be given to the government and Armed Forces until the military conflict and/or crisis is declared over. 
* After this, the control will be given back to the business. If the conversion has resulted in serious damage for the business, the state will be required to compensate the business financially, or however compensation is best agreed upon, up to an absolute maximum of 10% of the business’ net worth. 
* The government may require businesses to perform joint research in order to better support the nation in war time or time of general crisis. Said research will be contracted and paid.
Category:Legislation of The Cool Server Republic