alteration of this Constitution chapter-4

Constitution Alteration (President of the Commonwealth of Australia) 1996 . CHAPTER FOUR; FINANCE AND TRADE .
81. The Head of State shall convene a joint sitting being the Parliament of the members of
the Senate and of the House of Representatives and the Chartered Accountant as Public
Minister to administer the Consolidated Revenue Fund of the Commonwealth where;
all revenues or moneys raised or received shall form one Consolidated Revenue Fund to be
appropriated for the purposes of the Commonwealth in the manner and subject to the charges and
liabilities imposed by this Constitution.
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82. The first charge shall form; the costs and charges and expenses incident to the collection and
management and receipt of the Consolidated Revenue Fund and the revenue of the Commonwealth
shall in the first instance be applied to the payment of the expenditure of the Commonwealth.
Shall in the second instance be applied to the payment of the expenditure of the
Commonwealth of Australia and no finance shall be sent to any Government or
Parliament in any other Country.
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83. No money shall be drawn from the Consolidated Revenue Fund of the Commonwealth except
under appropriation made by law subject to this Constitution.
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The Head of the Commonwealth in Council may draw from the Treasury and expend such moneys as may be
necessary for the maintenance of any department transferred to the Commonwealth and for the
holding of the first elections for the Parliament.
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84. When any department of the public service of a State becomes transferred to the Commonwealth
all officers of the department shall become subject to the control of the
Head of the Commonwealth in Council of the Commonwealth.
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(a). Any such officer who is not retained in the service of the Commonwealth shall unless he or she is
appointed to some other office of equal salary and entitlements in the public service of the State be
entitled to receive from the State any pension gratuity or other compensation payable under the law
of the State on the abolition of his or her office.
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(b). Any such officer who is retained in the service of the Commonwealth shall preserve all
his or her existing and accruing rights and shall be entitled to retire from office at the time
and on the pension or retiring allowance which would be permitted by the law of the State if
his or her service with the Commonwealth were a continuation of his or her service with the State.
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(c). Such pension or retiring allowance shall be paid to him or her by the Commonwealth; but
the State shall pay to the Commonwealth a part of pension or retiring allowance to be
calculated on the proportion which his or her term of service with the State bears to his or
her whole term of service and for the purpose of the calculation his or her salary shall be
taken to be that paid to him or her by the State at the time of the transfer.
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85. When any department of the public service of a State is transferred to the Commonwealth

(i.) All property of the State of any kind used exclusively in connection with the department
shall become the absolute authority in the Commonwealth:
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(ii.) The Commonwealth may acquire any property of the State of any kind used but not
exclusively used in connection with the department; the value of the property shall if no
agreement can be made be ascertained in as nearly as may be the manner in which the
value of land or of an interest in land taken by the State for public purposes only; shall be
based on the price paid per one square metre of land on the last date of the nearest land sold:
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(iii.) The Commonwealth shall compensate the State for the value of any property passing to the
Commonwealth under this section; if no agreement can be made as to the mode of
compensation it shall be determined on the price paid per square metre for the total area of
the property on the last date of the last sale of the nearest property:
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(iv.) The Commonwealth shall at the date of the transfer assume the current obligations of the
State in respect of the department transferred.

86. The collection and control of duties of customs and of excise and the control of the payment of
bounties shall pass to the Executive Government of the Commonwealth.
Uniform duties of customs shall be imposed on all imports from all foreign countries only.
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87. During a period of ten years after the establishment of the Commonwealth and until
the Parliament otherwise provides of the net revenue of the Commonwealth from duties of customs
and of excise not more than one fourth shall be applied annually by the
Commonwealth towards its expenditure.

The balance shall in accordance with this Constitution be paid to the several States or applied
towards the payment of interest on debts of the several States taken over by the Commonwealth.

88. Uniform duties of customs shall be imposed within two years after the
establishment of the Commonwealth.
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89. Until the imposition of uniform duties of custom--

(i.) The Commonwealth shall credit to each State the revenues collected therein by the
Commonwealth.

(ii.) The Commonwealth shall debit to each State--

               (a) The expenditure therein of the Commonwealth incurred solely for the maintenance
               or continuance as at the time of transfer of any department transferred from the State
               to the Commonwealth;

(b) The proportion of the State according to the number of its people in the other
expenditure of the Commonwealth.

(iii.) The Commonwealth shall pay to each State month by month the balance (if any) in favour
of the State.

90. On the obligation of uniform duties of customs; the State or Territory Parliament shall
have no power to charge duties of customs and of excise and to grant bounties on the
production or export of goods.
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91. Nothing in this Constitution prohibits a State or Territory from granting any aid to or bounty on
mining for gold or silver or other metals not from granting with the consent of both
Houses of the Parliament of the Commonwealth expressed by resolution any aid to or
bounty on the production or export of goods.
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92. On the imposition of uniform duties or charges of customs and trade and commerce and
intercourse and social communication connections by dealings or between individuals among the
States whether by means of internal carriage or ocean navigation shall be absolutely free.
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94. After five years from the imposition of uniform duties of customs the Parliament may provide
on such basis as it deems fair for the monthly payment to the several States of
revenue of the Commonwealth.
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96. The Parliament may grant financial assistance to any State or Territory on such terms
and conditions as the Parliament thinks fit.
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97. Until the Parliament otherwise provides the laws in force in any Colony which has become or
becomes a State with respect to the receipt of revenue and the expenditure of money on account of
the Government of the Colony and the review and audit of such receipt and expenditure shall apply
to the receipt of revenue and the expenditure of money on account of the Commonwealth in the State
in the same manner as if the Commonwealth or the Government or an officer of the Commonwealth
were mentioned whenever the Colony or the Government or an officer of the Colony is mentioned.
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98. The power of the Parliament to make laws with respect to trade and commerce extends to
navigation and shipping and to railways the property of any State or Territory.
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99. The Commonwealth shall not by any law or regulation of trade or commerce or revenue give
preference to one State or any part of one State over another State or any part of another State.
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100. The Commonwealth shall not by any law or regulation of trade or commerce deprive
the right of a State or Territory or the residents of a State or Territory to the reasonable use
of the waters of rivers or lakes for conservation or irrigation.
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(1). The Commonwealth or State or Territory shall not by any law or regulation of home use or
trade or commerce charge the residents of a State or Territory for the reasonable use of the waters of
rivers or lakes for conservation or irrigation. There shall be no allocation charge or water markets.
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(2). The Commonwealth or State or Territory shall not by any law or regulation of trade or
commerce or home use charge the residents of a State or Territory for the reasonable use of
rain waters that fall from the Clouds on to their property and used for conservation or irrigation.
This includes the capture of rain water in all tanks attached to one house or factory warehouse or
in a natural dam or a maximum of two dams constructed on any one property.
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(3). All discussions on Water and Spring Water or rivers or lakes and it's usage or storage shall be
with Farmers and People. Their decision shall be legislated and passed in Federal Parliament shall be
uniform and binding in each State and Territory.
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101. There shall be an Inter-State Commission with such powers of adjudication and administration
as the Federal Government deems necessary for the execution and maintenance within the
Commonwealth of the provisions of this Constitution relating to trade and commerce and of
all laws made under this Constitution.
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102. The Parliament may by any law with respect to trade or commerce forbid as to railways any
preference or discrimination by any State or Territory or by any authority constituted under a State or
Territory if such preference or discrimination is undue and unreasonable or unjust to any State or
Territory; due regard being had to the financial responsibilities incurred by any State or Territory in
connection with the construction and maintenance of its railways.
But no preference or discrimination shall within the meaning of this section be taken to be undue and
unreasonable or unjust to any State or Territory unless so adjudged by the Inter-State Commission.
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103. The members of the Inter-State Commission--

(i.) Shall be appointed by the Head of the Commonwealth in Council:

          (ii.) Shall hold office for seven years but may be removed within that time by the Head of the Commonwealth
          in Council on an address from both Houses of the Parliament in the same session praying for such
          removal on the ground of proved misbehaviour or incapacity:

(iii.) Shall receive such remuneration as the Parliament may fix; but such remuneration shall not be
diminished during their continuance in office.
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104. Nothing in this Constitution shall render lawful any rate for the carriage of goods upon a railway
the property of a State or Territory and no rate shall apply to goods within the State
or Territory and to goods passing into the State or Territory from other State or Territory.
The State or Territory Parliament may apply to the Commonwealth Parliament for a financial amount
that may be necessary for the development of any part or all of a State or Territory.
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105. The Commonwealth Parliament may take over from the State or Territory their public debts or
a proportion of their public debts and the States shall give the Commonwealth security from legal
penalties or liabilities in respect of the debts taken over and after that the interest payable in respect
of the debts shall be deducted and retained from the portions of the surplus revenue of the
Commonwealth payable to the several States.
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105A.
(1) The Commonwealth may make agreements with the State or Territory with respect to the
public debts of the State or Territory including

(a) the taking over of such debts by the Commonwealth;
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(b) the management of such debts;
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(c) the paying of interest and the provision and management of sinking funds in respect of such debts;
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(d) the consolidation and renewal and conversion and redemption of such debts;
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(e) the security from legal penalties or liabilities of the Commonwealth by the States in respect of debts
taken over by the Commonwealth.

(2) The Parliament may make laws for validating any such agreement made before the
commencement of this section.
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(3) The Parliament may make laws for the carrying out by the State or Territory of any
such agreement.
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(4) The powers conferred by this section shall not be construed as being limited in any way
by the provision of section one hundred and five of this Constitution.
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(5) The Federal and State and Territory Parliament shall not in any type or form become a
corporate or user pays form of Government or Parliament or Public Servant.
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105B. Is subject to the Quick and Garren Notes Page 1027 Note 461.
Commonwealth of Australia Constitution and Chapter Five. The States and Section 115.
A State shall not coin money nor make anything but gold and silver coin a legal tender
in payment of debts.
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Page 1027 and Note 461.
It must be noted however that gold and silver can only be impressed with the quality of money by
Federal legislation. Gold and silver metal can not be made legal tender until it converted into coin;
it can only be converted into coin by Federal Authority.
End of quote of Page 1027 and Note 461.
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(1). Parliament of Australia and Bills of Exchange and Notes and Coinage:
The Parliament of the Commonwealth shall be the only issuer of the nation's currency and coinage and
legal tender and the issue of paper money.
Money shall be created by The Parliament of the Commonwealth only by the issue of the
Bills of Exchange and spent into the economy and the Community.
Shall not be lent into the economy or the Community.
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The Reserve Bank and the Royal Australian Mint and Bills of Exchange and Currency notes and Coins
shall be transferred to the Commonwealth. That no part of the Executive Government or the Parliament
or any Member of the Senate or any member of the House of Representatives shall claim to be the
owners. Shall be illegal to pressure the Parliament; not to be the sole issuer of the nation's currency.
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Australia Post;
Reserve Bank of Australia shall use Australia Post as the official Public Banking facility in any
State or Territory of and in Australia. Where all Living Souls and Farmers and any Company may
deposit or withdraw funds and no fees or other charges.
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That no part of the Executive Government or the Parliament or any Member of the Senate or
any member of the House of Representatives shall issue any form of Treasury bonds or notes or
other form of such debt and;

Currency notes and coins and Bills of Exchange shall not be a Commodity nor shall they
be corporatized or for profit but shall be a public service under public control.
Currency notes and coins and legal tender and Bills of Exchange shall be owned by
the Commonwealth of Australia under public control for the public good.
The Central Bank shall retain the name of The Reserve Bank.
There shall be one Bank only that will perform the duties of the Central Bank.
Central Bank shall print Currency notes for circulation and issue to the Australian public.
Royal Australian Mint shall mint all Coins for circulation and issue to the
Australian public.
The face of all Currency notes and Coin will have the map of Australia on them.
The Reserve Bank and Bills of Exchange and Currency notes and Coins shall not be sold
under any circumstances.
The Currency notes and Coins shall be a token of value for the purchase and sale of all
goods and services in Australia.
Australia Post Office shall continue all mail deliveries and also as
National Banker to the Public.
Seigniorage shall be a percentage to the Treasury on all mined resources except water.

Government Banking by The Reserve Bank of Australia (RBA) (2). The Reserve Bank of Australia shall act as banker for the Commonwealth of Australia
under the authority of the Executive Government of Australia. Shall also become the People's Bank.
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Registry Services;
Money shall be created by the Commonwealth Parliament only and spent into the
State or Territory economy rather than being lent into the State or Territory economy.
The Senators of each State and Territory shall organize the distribution of all finance
to each State and Territory.
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The Reserve Bank of Australia shall provide registry services for the
Commonwealth Government to accept the Bill of Exchange.
Shall cover the issue of and registration of the Bills of Exchange and
the maintenance of distribution records.
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Shall be in Australian dollars and be Legal Tender and the National Currency.
Shall not be a debt to the Government or the Parliament.
The Bills of Exchange shall instruct the Reserve Bank to print the Notes and Mint the Coins;
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(a). Treasury issues Bill of Exchange to the Reserve Bank.
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(b). Reserve Bank registers the Bill of Exchange then accepts the Written Order by Treasury to the
Reserve Bank to print the Notes and Mint the Coins.
To pay sum on given date to the Official Public Account (OPA).
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Exchange Settlement and Real Time Gross Settlement;
Reserve Bank Information and Transfer System (RITS) is used by Commonwealth Government and
other approved institutions to settle interbank payments mostly on a
Real Time Gross Settlement (RTGS) basis. RITS also provides a facility for electronic tendering for
the Australian Payments Clearing Association (APCA) cheque clearance procedures.
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Final settlement of payments system obligations occurs through transactions on accounts at the
Reserve Bank of Australia.
These accounts are called Exchange Settlement accounts (ES accounts).
Exchange Settlement accounts must be maintained in credit at all times and the
Reserve Bank of Australia pays interest on overnight balances in these accounts.
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Commonwealth Treasury will be granted an Exchange Settlement (ES) Account.
Will be the approval under the access arrangements announced by the Payments System Board.
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Under the new arrangements non-bank institutions which provide third party payment
services are eligible for ES Accounts.
Exchange Settlement (ES) Accounts at the Reserve Bank are the means by which providers
of payments services settle obligations which they have accrued in the clearing process.
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The Bills of Exchange will provide the banking system with the deposits for more liquidity.
The Reserve Bank manages the amount of Exchange Settlement funds available that are used
by banks to settle obligations among themselves and with the Reserve Bank and the balance
of the funds not required shall be returned to the Official Public Account (OPA) so the
Reserve Bank shall continue Parliaments payments to the community.
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(3). The Parliament shall provide payment for all Parliament backed projects;
The banking services provided to the Commonwealth Government by the
Reserve Bank of Australia comprise two components. A core banking facility is provided to the
Department of Finance and Administration (DoFA) which is non-contestable in terms of the
Commonwealth Governments competition policy. This facility is made up of a group of
bank accounts including the Official Public Account (OPA) a term deposit facility for the investment
of temporarily surplus Commonwealth funds.
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Under the core banking arrangements the payments are made from the Official Public Account (OPA)
to agencies and end of day agency balances held with transactional bankers are recycled back to the
Official Public Account (OPA) overnight.
These balances are returned to transactional bankers at the start of the next business day.
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After which the balance of the funds not required shall be recycled to the
Official Public Account (OPA) short term investment facility to pay for costs related to
National Consolidated Revenue Fund and normal government expenses.
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Shall include Payments to all States and Territories;
For all rail and road construction and maintenance and the building and maintenance of all
Hospitals, Schools, Universities.
Shall be no road or rail tolls, council rates, sewerage and water costs to the Public.
New residential development and all public works in Australia.
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Shall include; Education, defence, Infrastructure, Transport, Health, Community Services,
Industry and workforce, General Government Services, Social Security and Welfare.
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Shall include; National Grant for Farm Conservation and all Company Emission control project.
Making use of sewerage water by treatment to be chemically pure for use for
Residential, public and Company toilets, Gardens, Parks, Reserves.
All Rivers, Dams, Salinity and water management.
And other environmental issues including recycling of all used materials.
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(4). Banking services to government departments;
The other component of the RBA’s banking business is the provision of contestable transactional
banking services to government Departments. Since 1991, the RBA has distributed
government payments direct to accounts at financial institutions through its
Government Direct Entry System (GDES).
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Government Direct Entry System (GDES) to provide payments;
Centrelink, Department of Veterans Affairs, FMA agencies via Bureau, Department of Defence.
Through it's Government Direct Entry System (GDES) Basic Wage payments in the form of a
basic wage to every adult person.
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Employers may apply for and increase of Income and Employees may apply for and increase of the
Basic Wage from the Government Direct Entry System (GDES) only.
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The intention is to avoid any increase of Prices of all goods and services to the Community.
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Shall include;
Aboriginal, all Farmers, rural business, Industry, all Producers, Manufacturers,
Small Business, Home Buyers, Child Care Centers, Nursing Homes,
all Charities, To provide finance help to Inventors, Subject to Sub-Section 18 of Section 51 of this
Constitution, Patents of Inventions. All Licenses and Licences for Car, all vehicle registrations.
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To assist Living Soul with a legal court action and or their rights in the High Court
protecting this Constitution.
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Employers may apply to their bank to issue Bank cheque or electronic settlement
from their bank account to pay the Employee.
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All may profit from the use of the Currency Notes and Coins that is Legal Tender and shall be a
value only that shall be entered into the individual bank accounts as Deposits or Savings.
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(5). It shall be illegal for anyone else to create new money denominated in the official currency.
Commercial banks will then be excluded from all borrowings and loan and mortgages and the
repayments and interest payments required on them within the Commonwealth of Australia.
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They will be limited to the use of Bills of Exchange or Promissory Notes and fees and deposits and
withdrawals as other financial intermediaries including foreign exchange dealings and foreign gold loans.
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All borrowing of money by the States or Territories or by the Commonwealth or by the
Commonwealth for the States or Territories shall be abolished.
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(6). Local industry and small business and farming and tourism.
To set up an agreement between parliament and unions to maintain wage stability
jobs growth and a generous basic wage to every adult person.
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A economy which integrates the global and the local. The economy to allow a level of globalization in
those areas that need to be open to competition as well as a level of parliament support for industry
small business tourism and farming.
To concentrate on a manufacturing base in Australia. Shall allow home grown small and
medium businesses to thrive.
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The benefits of this arrangement is to allow greater social cohesion and strong local communities as
well as a dynamic globally orientated economy.
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(7). Shall abolish the debt based economy where;
Levels of borrowing and money creation by the banks have to keep on rising and adding to the
overall burden of interest payments and loss of property if person defaults loan repayments
including taxation and legislative and regulation costs on all business guarantees that inflation will be
present as long as we have an economy based on an increasing burden of debt causing the price of
all goods and services and incomes to keep rising.
Debt Free System is a win, win system for all.
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(8). That all Crown Land and Buildings shall be Constitutional Assets that no agreements shall be
signed or any Assets sold without the consent of the Living Souls of Australia subject to the
draft proposal of the Constitution Alteration of the
Commonwealth of Australia Constitution Act Chapter 8.
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