IN THIS LESSON
Great Repeal Bill: Automatically abolish all regulations every three years unless actively renewed by Parliament and proven to meet strict cost-benefit tests.
A. Mandatory Sunset Provision: Legislate a non-negotiable three-year expiration date for all non-safety-critical economic regulations, forcing continuous and rigorous re-evaluation by Parliament.
B. Burden of Justification: Shift the legal burden of proof onto the regulatory body to demonstrate that the societal benefit of renewing a regulation significantly outweighs the economic cost and drag imposed on businesses and individuals.
C. Regulatory Repeal Petition: Establish a constitutional mechanism allowing citizens and businesses to formally petition Parliament for the immediate review and repeal of specific regulations that are deemed obsolete, harmful, or anti-competitive.
IP Protection: Create the world’s most robust legal framework for protecting intellectual property (IP) and empowering sovereign AI systems growth.
A. Specialized IP Courts: Establish fast-track, specialized courts for IP infringement cases, mandated to reach a final judgment within 90 days, guaranteeing swift justice for innovators and deterring piracy.
B. Protection for Sovereign AI: Legally codify the protection of sophisticated algorithms and proprietary AI models as core intellectual property, ensuring the original creators and investors maintain exclusive ownership and control over their computational work product.
C. Individual Creator Default: Reform copyright and patent laws to ensure that, by default, the individual creator (engineer, scientist, artist) retains a majority of ownership rights and monetization ability over their IP, even when created within an organizational structure.
Capital Velocity Zones: Introduce tax-free enterprise zones to maximize job creation and capital flow in targeted industrial areas.
A. Zero Tax and Regulatory Sandbox: Designate specific economic zones with zero corporate tax, zero capital gains tax, and a maximum deregulation 'sandbox' environment to attract immediate Foreign Direct Investment (FDI) and high-growth domestic startups.
B. Prioritized Infrastructure Investment: Mandate that government investment in core infrastructure (fibre-optic, energy grids, transport links) be fast-tracked to support and service Capital Velocity Zones, ensuring rapid operational readiness.
C. Simplified Zoning and Labour Rules: Introduce simplified, flexible labour and zoning laws within these zones to minimize administrative overhead, maximizing hiring velocity and enabling quick pivots for manufacturing and technology firms.
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