Aug 15, 2013 9:47 PM

Bills Of Exchange book in the files section above is a good place to begin...

Financial Administration Act...

Interpretation Act...

And have a law dictionary beside you :D

A current one..

Like he said

and what she said...

See, we could say "Its all about SURETY and MONEY"... but what is money? Watch the Money as Debt series on Youtube as well...

Has anyone found the gem in the Financial Admin Act yet? ;)

The fact that's its burnable?:-)

There's many gems in that one! I'll get back to ya...

Mik, that statement, made here, is speaking of civil court. all civil actions are merely a matter of accounting, so when you learn what they are doing, you can keep out of accepting responsibility for paying the bill.

From BoE: "A Promissory Note is an unconditional promise in writing made by one person to another, signed by the maker, engaging to pay on demand or at a fixed or determinable future time, a sum certain IN MONEY, to, or to the order of, a specified person, or to bearer." [My emphasis]. I am stuck here. If money (lik a $10 blll) is a promise to pay (representing somene's debt, and they promised they'd pay) then a promisary note can only get you another promise. AmI missing the boat completly?

In your public finance act, It should say something along the lines.. "The Crown must not get involved in Securities" except by Statute, Which implies you can pay by Statute. A note in the hands of a 3rd party is a Security, as you know they pool these notes and they become Securities/Bonds http://privateaudio.homestead.com/Exhibit_G_Securitization.pdf.

nope, because what you call money has no value except to the bearer or exceptor provided they both agree to exchanging it as a representation of value. paper money is nothing more than a medium of exchange and it does not have to be accepted, however if it is it brings along with it an obligation, by tendering or accepting it you become bound to the color of law attached to it.

Where there are obligations there are rights Where the are liabilities there are remedies.

1. Marginal note:Debt due to Her Majesty (3) Any interest or administrative charge payable pursuant to this section is a debt due to Her Majesty and may be recovered pursuant to section 155 or in any court of competent jurisdiction.

Your the underwriter for the public debt. You pay with their note or your notes if your using your notes your paying twice.

Court-of-Competent Jurisdiction for us in this case = COURT OF EQUITY

Your paperwork is the court.

least Mik spells "a lot" properly...

Money = debt /obligation but there are 2 sorts - money of account & money of exchange...the second variety is the one everyone is clamoring after and is under selective access control, but the first variety is in most cases just as useful when one transitions from accumulation to distribution. The real currency is consent/agreement:-)

Blake, can you give an example of 'money of account'? I'm assuming you don't mean the stuff in your bank account that you can transfer by e.g. plstic card.

Basically the difference between the two should be the difference between private and public, however with the introduction of fiat currency in 1933'ish there is no longer the ability to PAY a debt with substance - Public policy HJR 192. So you got funny money, paper debt instruments and digital digits on a screen all representing accounts, accounting, money of account. Then you got the mafia monopoly of legal tender as so-called money of exchange, however anything can be used as a medium of exchange if the bridge of consent/agreement is crossed/created:-)

Debts are assets, ABS - Asset Backed Securities it's pre 1933

I guess a simple way to say it is money of account is obligation based (a contract) and money of exchange is a this for that affair. An immediate trade with no future obligation, or real gain other than the swap.

Tell'em you want recoupment under UCC 3-305, and claim under 3-306, watch how fast they discharge their debt

Your askng for the proceeds from the investments.

Or askem if they've paid the appropriate tax on said funds:)

See SEC vs CITY of MIAMI re; public & private mixing of money.

PUBLIC MONEY:

(b) money borrowed by Canada or received through the issue or sale of securities,

:D

“security certificate”

— certificat de valeur — " Valuable Certificate

“security certificate” means a tangible certificate issued by or on behalf of Her Majesty representing part of the public debt of Canada;