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§ 20.
§ 20.1.The Sovereign appoints the President of the National State Bank, who is entrusted with carrying out of everything connected with putting into circulation of money, the provision of loans, the security of the currency and the handling of the clearing system at home and abroad.
§ 20.2.The right to the minting of money is not a matter for the State Bank which, however, must be informed of the monetary circulation.
§ 20.3.The legal currency is the Sealand Dollar. All the services of the State and organs of the State should be settled preferably in this currency.
§ 20.4.Penal provisions for the money and coinage can be legally regulated only with the agreement of the Sovereign.
§ 21.
§ 21.1.The Sovereign fills all necessary Ministries with ministers by appointment.
§ 21.2.Necessary Ministries are:
a)the Foreign Office,
b)the Ministry of Justice,
c)the Ministry for Economics and Finances,
d)the Ministry for Home Affairs and Development,
e)the Ministry for Traffic, Transport, Post and Cultural Affairs,
f)the Special Ministry for all other national and international matters,
g)and such other Ministries as the Sovereign may from time to time decide.
§ 21.3.Each Ministry equips itself with its own organisation.
§ 21.4.It is permissible for a minister to serve in various ministries.
§ 21.5.Drafts of laws for a Ministry are to be justified in detail to the Sovereign.
§ 21.6.Laws promulgated by the Sovereign are to be published in a National Memorandum.
§ 22.
§ 22.1.For special services for the State, the Sovereign awards orders, titles and privileges.
§ 22.2.The Honours listed in § 22.1 will be created by the Sovereign by special law, and the rights conferred by these honours documented.
§ 22.3.Orders, titles and privileges can also be awarded as hereditary orders, titles and privileges.
§ 22.4.The Privy Council can put forward to the Sovereign the names of suitable persons on whom honours may be bestowed.
§ 23.
§ 23.1.This law comes into force on the day on which the Sovereign signs it.
§ 23.2.All institutions and organs of the State are to be sworn in at the Constitution. By his signature the Sovereign confirm this Constitution by affirmation under oath.
Sealand, September 25th, 1975, Roy of Sealand
Tax Law
§ 1.The Principality of Sealand imposes taxes under this law.
§ 2.Taxes are non-recurring and are imposed by the Principality of Sealand. Fees for the maintenance of the administration are not taxes.
§ 3.This Tax Law is valid in the Sovereign territory of the Principality of Sealand.
§ 4.In certain special cases by special regulation of the Sovereign it may be ordered that no taxes shall be imposed, for example, if only small amounts of tax would result or, if assessment of taxes and imposition of taxes would be inequitable or an undue hardship under the circumstances of individual case but the decision shall always be that of the Sovereign or his duly authorized representative.
§ 5.The information contained in all tax returns made by taxpayers will not be disclosed to anybody other than the State of Sealand and its representatives.
§ 6.
For the assessment, imposition, and review of all taxes the State of Sealand or an