26th Declaration of Senate: Voluntary Slavery

Recognising the 19th Imperial Decree, Senate Declares that any free citizen may voluntarily sell themselves into slavery, for the purpose of raising capital.

The period of slavery is set at 5 years, and only medical expenses (which must be met by slave owners) can be set against a voluntary slave's debt to extend that term. The price fetched at auction for the slave is made over to the slave, in trust until the period of slavery is served, minus a 10 percent commission which is due to the slave merchant. Also the weekly slave ownership duty paid by the owner is placed in the slave's capital trust in full.

It is declared that there are no taxes liable on the capital raised by voluntary slavery. Taxes are liable by the slave merchant on the commission they receive.

© Tim Hart 2003
For further details contact the GM.