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you are here: > United America
> Article 23
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3. National Principles
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| Article 23- Assets and resources | ||
| 23.1 | Assets and resources | |
| The natural resources of United America, including its assets, inventions, industry and financial investments shall always remain the property of the peoples of United America, to be managed by state, in the form of good governance of Parliament and the Executive Government. | ||
| 23.2 | Private property rights versus public ownership rights | |
| By this Charter, the right of men and women to own and possess private property is enshrined. However, where matters of collective rights of the Society's ownership of assets are found to be in conflict with the individual rights of a man or woman, the Society's rights shall have precedence. | ||
| Such determinations shall be subject to the fair process of law and the jurisdiction of the Supreme Court. | ||
| 23.3 | Good management of all assets according to accounting standards | |
| The good management of all assets shall be according to the fair accounting and financial standards listed within this Charter. | ||
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