Section 1. Short title

The short title of this Act is the “Finance Management Act of 2026”.

Section 2. Severability

If any provision of this Act or the application of any provision of this Act to any person or circumstance, is held invalid, the application of such provision to other persons or circumstances, and the remainder of this Act, shall not be affected thereby.

Section 3. Financial Regulation

  1. As all powers given to the government are, so is the power upon the printing and management of finance a power of the Grand Peer.
  2. The Grand Peer may delegate such power to an executive body if it wishes to by law.
  3. Any and all clauses within this section are restatements of what is already written and not to be construed as creation of any new powers.
    1. Therefore their repealment shall in no way have effect on their truthfulness, as they are simply a restatement of the constitution
  4. The Governor may not enter into any contracts without the express approval of the Grand Peer

Section 4. Executive Borrowing

  1. The Governor may by executive order borrow up to 1,000 Kramers from the Grand Peer of Latomé, which he shall in case of lack of return prior to the expiry of his tenure owe to the Peer in his own personal capacity
  2. The Governor may not at a point in time owe the Peer more than 1,000 Kramers
    1. If such is to ever occur, the Governor will immediately be removed from his office.
  3. The Governor may apportion the funds he legally borrowed from the Grand Peer as he pleases, granted he does not violate section 4(b)(i) of this act.

Section 5. Budgets

  1. The apportionment of funds outside of the Governor borrowing funds from the Grand Peer may only be done through a budget passed by the Grand Peer.
  2. A budget may not exceed the amount of funds owned by the Grand Commonwealth of Latomé.