Treasury (Austenasia)

From MicroWiki, the micronational encyclopædia
Jump to: navigation, search
Treasury
AustenasianTreasuryLogo.png
Established 8 November 2008
Headquarters Terentia
Chancellor Lord Admiral Eren Lewis, Duke of Bernardston

The Treasury of Austenasia (formerly known as the Ministry of the Treasury and before that as the Department of the Treasury) is the government body responsible for the finances, government income and national expenditure of the Empire of Austenasia.

The Treasury has the responsibility of collecting taxes from all Austenasian Subjects, as well as developing and executing the national finance policy. The Treasury is run by the Chancellor; since October 2017, this has been Lord Admiral Eren Lewis.

The Treasury was originally known as the Department of the Treasury when it was founded by Act 14 of the Austenasian Parliament on 8 November 2008, but was renamed to the Ministry of the Treasury by Act 31 on 13 December 2008, and then simply to the Treasury by Act 59 on 21 February 2009.

To better co-ordinate the work of the Treasury, since 28 July 2011 its responsibilities have been carried out by specialised departments:

  • Department for Income and Expenditure (two separate departments before November 2013, one for Taxes and one for Expenditure)
  • Department for the Treasury Money