15 Nov 2021, 21:13

From the Council of Ministers

On the Workers' Societies and On Property

The Council of Ministers has resolved to pass new legislation on the subject of the workers' societies, and has established, in place of the present form, three new forms which such a society can take:

  • the association, in which the society holds no property and is organized democratically
  • the collective, in which the members of the society hold property in common
  • the organization, in which a society has a governing body, organized according to law, which holds its property on behalf of its members

The act regarding this subject, the "Act on the Reorganization of the Workers' Societies," is published in the Journal of the Republic of Istkalen. An additional "Act Regarding the Organization of Society-Governing Committees" has also been published.

New legislation has also been passed on the subject of property. Productive property may now be transferred between individuals, to an extent, as well as into the common ownership of a collective or enterprise. Citizens remain the only actors, however, able to hold property; there are also imposed limits on the amount of property one can own. Periodic redistributions of land will also occur, once every five years or when the state deems it necessary to preserve the common welfare. Citizens remain, however, entitled to the ownership of productive property, as is laid out in the previous "Act on Laborers' Independence" of 2003.

The mentioned act, the "Act on the Status and Transfer of Property," has been published in the Journal of the Republic of Istkalen.

The state remains committed to its path of non-aligned socialism.

Vistek Rikkalek
Head of State of the Republic of Istkalen