Policy Statutory Instruments

[Trade and Finance Ministry]

Ministry of Trade and Finance
Library of Statutory Instruments
Updated August 28th, 2026


​

This thread shall detail any and all of the Statutory Instruments created by the Ministry of Trade and Finance. To use a statutory instrument, the Minister of Trade and Finance must lay it before Parliament.

Statutory Instruments Available:
(R) A.P.00-007 | Revenue Act: §4, 5, 6, 10, 11
(SVR) A.P.04-014 | Server Voting Rewards Act: §4
(FCF) A.P.04-022 | Foreign Commerce Foundation Act: §8
(CR) A.P.06-007 | Crown Renumeration Act: §5(6)


Contents:
SITF-001-R
SITF-002-R
SITF-003-R
SITF-004-R

Spoiler: Formatting Guide for Statutory Instruments

SITF-###-[ACT]
[Description line]
(Passed/Not yet passed)​

1 - About this Statutory Instrument
(1) This Statutory Instrument

(a) Proceeds from its Parent Act, [Full act name]​

(b) Is hereby laid before Parliament by the Minister of Trade and Finance, [Name].​

(c) Is numbered "SITF-###-[ACT]".​

(d) Shall be enacted upon passage by Parliament (for affirmative procedure)/ Shall come into force upon [DATE] (for negative procedure).​

​

2 - Memorandum
[Explain what the Statutory instrument does in layman's terms]

3 - Modifications to A.P.[Parent Act]
[Contents]

 

[Trade and Finance Ministry]

SITF-001-R
A Statutory Instrument to lower taxes for low balance players
Passed by Resolution to Pass SITF-001​

1 - About this Statutory Instrument
(1) This Statutory Instrument

(a) Proceeds from its Parent Act, A.P.00-007 Revenue Act.​

(b) Is hereby laid before Parliament by the Minister of Trade and Finance, PhillinDeBlanc.​

(c) Is numbered "SITF-001".​

(d) Shall be enacted upon passage by Parliament.​

​

2 - Memorandum
(a) SITF-001 grants the Ministry of Trade and Finance the power to modify the following sections of the tax code, with the consent of Parliament:

§4- Balance Taxes​

§5 - Chestshop Sales Tax​

§6 - Financial Institution Tax​

§10 - Property Tax​

§11 - Prune Tax​

(b) This Statutory Instrument lowers personal balances taxes under £1,000 from 1% to 0.5% weekly, while increasing the Financial Institution Balance tax from 0.5% to 1% monthly.
(c) This Statutory Instrument also creates a mechanism that allows the MoTF to prune accounts earlier in the case of an inactive accounts crisis.

3 - Modifications to A.P.00-007 Revenue Act
[...]

4 - Balance Taxes​

[...]

(1) All personal and Corporate balances shall be taxed at a flat rate of 1% weekly.​

(2) Personal balances £1,000 or under shall be taxed at 0.5% weekly.​

(3) Personal balances over £1,000 shall be taxed at 1% weekly.​

[...]

6 - Financial Institution Tax​

[...]​

(3)​

[....]​

(b) 0.5% 1% of the Institution’s End of Month in-game balance​

[...]

11 - Prune Tax​

[...]

(7) The Minister of Trade and Finance shall have the power to bring a motion to declare an inactive accounts crisis (MDIAC) before Parliament.​

(a) an MDIAC must receive approval by Parliament in order to go into effect.​

(a) During an inactive accounts crisis, the period of inactivity required to prune an account shall be reduced from 90 days to 45 days.​

(b) In their declaration of an inactive accounts crisis, the Minister of Trade and Finance shall state how long it shall last.​

 

[Trade and Finance Ministry]

SITF-002-R
A Statutory Instrument to amend the appropriation of Pruned Funds
Passed by Resolution to Pass SITF-002​

1 - About this Statutory Instrument
(1) This Statutory Instrument

(a) Proceeds from its Parent Act, A.P.00-007 Revenue Act.​

(b) Is hereby laid before Parliament by the Minister of Trade and Finance, PhillinDeBlanc.​

(c) Is numbered "SITF-002".​

(d) Shall be enacted upon passage by Parliament.​

​

2 - Memorandum
(a) SITF-002 grants the Ministry of Trade and Finance the power to modify the following sections of the tax code, with the consent of Parliament:

§4- Balance Taxes​

§5 - Chestshop Sales Tax​

§6 - Financial Institution Tax​

§10 - Property Tax​

§11 - Prune Tax​

(b) This Statutory Instrument changes the appropriation of pruned funds. We do not need to mandate by law that pruning funds go to new players-- the MoTF already distributes new player grants.
(c) Fixes weird wording.

3 - Modifications to A.P.00-007 Revenue Act
[...]

11 - Prune Tax​

[...]

(2)​

(a) The Ministry shall begin the process of determining which players are affected by the Prune Tax on the first of each month.​

[...]

(6)​

(a) 15% goes to the SCGovernment Account.​

(b) 20% goes to the GovCommerce (MoTF) Account.​

(c) 20% Goes into the MoTF Account, earmarked to fund new player business grants and loans​

(c) 60% Goes to the Monetary Policy Reserve Fund (AMB Account).​

(d) 5% Goes into the RDIC (Royal Deposit Insurance Corporation) Account.​

 

[Parliament]

SITF-003-R
A Statutory Instrument to close tax evasion loopholes.
Not yet passed​

1 - About this Statutory Instrument
(1) This Statutory Instrument

(a) Proceeds from its Parent Act, A.P.00-007 Revenue Act.​

(b) Is hereby laid before Parliament by the Minister of Trade and Finance, PhillinDeBlanc.​

(c) Is numbered "SITF-003".​

(d) Shall be enacted upon passage by Parliament.​

​

2 - Memorandum
(a) SITF-002 grants the Ministry of Trade and Finance the power to modify the following sections of the tax code, with the consent of Parliament:

§4- Balance Taxes​

§5 - Chestshop Sales Tax​

§6 - Financial Institution Tax​

§10 - Property Tax​

§11 - Prune Tax​

(b) This Statutory Instrument changes the way Financial Institution Taxes are charged. This will hopefully make for more uniform enforcement of our tax code.

3 - Modifications to A.P.00-007 Revenue Act

​

6 - Financial Institution Tax​

(1) Financial institutions will be taxed monthly based on one of the following:​

(a) on their monthly reported profit​

(b) on a percentage of their total business balance​

​

(2) This tax will be fined by the Ministry of Trade and Finance​

​

(3) The Financial Institution Taxation Rate shall be calculated by whichever one of the following is greater:​

(a) 10% of the Institution’s monthly profits​

(b) 1% of the Institution’s End of Month in-game balance​

(1) Financial Institutions shall be balance taxed at a flat rate of 1% monthly (0.25% weekly).​

​

(2) At the end of each month, Financial Institutions shall also pay a tax equal to 8% of their reported profits.​

(a) This taxation is due by the end of the second week of the following month.​

​

[...]

​

12 - Tax Exemptions​

(1) Corporate Balance Taxes may be exempted under the following circumstances:​

(a) Financial Institution. If an in-game business is registered by the Ministry of Trade & Finance as a financial institution, it shall be exempted from the Corporate Balance Tax.​

(a)​

(b)​

​

 

[Trade and Finance Ministry]

SITF-004
A Statutory Instrument to close tax evasion loopholes and lower taxes.
Passed by Resolution to Pass SITF-004​

1 - About this Statutory Instrument
(1) This Statutory Instrument

(a) Proceeds from its Parent Act, A.P.00-007 Revenue Act.​

(b) Is hereby laid before Parliament by the Minister of Trade and Finance, PhillinDeBlanc.​

(c) Is numbered "SITF-004".​

(d) Shall be enacted upon passage by Parliament.​

​

2 - Memorandum
(a) §13 of A.P. 00-007 | Revenue Act grants the Ministry of Trade and Finance the power to modify the following sections of the tax code, with the consent of Parliament:

§4- Balance Taxes​

§5 - Chestshop Sales Tax​

§6 - Financial Institution Tax​

§10 - Property Tax​

§11 - Prune Tax​

(b) This Statutory Instrument takes into account recent changes to tax collection, including automated taxation from the business, increased revenues from cbd rentals and changes to the Kingdom's finances. It's goals is to continue to manage taxation fairly and ensure continued income

3 - Modifications to A.P.00-007 Revenue Act
[...]

6 - Financial Institution Tax​

[...]​

(3) The Financial Institution Taxation Rate shall be calculated by whichever one of the following is greater:​

(a) 10% of the Institution’s monthly profits​

(b) 1.5% 0.75% of the Institution’s End of Month in-game balance​

(c) A Shareholder Equity Tax, calculated as 0.75% of the greater of the following:​

(i) Total par value of all outstanding shares of the Institution not owned by the Institution and Institution owner​

(ii) Total current market value of all outstanding shares of the Institution not owned by the Institution and Institution owner.​

(d) 0.25% of an Institution's Total Assets.​

[...]

11 - Prune Tax​

[...]​

(6)​

(a) 10% goes to the SCGovernment Account.​

(b) 5% goes to the GovCommerce (MoTF) Account.​

(c) 75% Goes to the Monetary Policy Reserve Fund (AMB Account).​

(d) 10% Goes into the RDIC (Royal Deposit Insurance Corporation) Account.​