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Fiat money is a type of government issued currency that is not backed by a precious metal, such as gold or silver, nor by any other tangible asset or commodity. Fiat currency is typically designated by the issuing government to be legal tender , and is authorized by government regulation.
A decree is a legal proclamation, usually issued by a head of state, judge, [1] royal figure, or other relevant authorities, according to certain procedures. These procedures are usually defined by the constitution , Legislative laws , or customary laws of a government .
Royal decree naming Mariano Rajoy as President of the Government of Spain.. The Real decreto (Spanish for "Royal decree"), in Spanish law, is a provision approved by the Prime Minister of Spain or by the Council of Ministers, adopted by virtue of its regulatory power. [1]
June 22 – Pelloux's patience with the obstruction to his public safety provisions snaps and he issues an unconstitutional royal decree. The decree was fiercely obstructed by the Socialist Party of Italy (PSI) and Extreme Left. More moderate politicians like Giuseppe Zanardelli and Giovanni Giolitti also join the opposition. [2]
When created in 1900, it was divided into three classes, but a fourth class was added by royal decree on 15 June 1912. [2] The four classes were: Silver cross for enlisted personnel who had served for 16 years; Silver cross surmounted by the royal crown of Italy for enlisted personnel who had served for 25 years (added in 1912); [2]
By Law no. 141 dated 8 April 1881, the Customs Guards Corps became the "Corps of the Royal Finance Guard" (Corpo della Regia Guardia di Finanza) whose task was to "impede, suppress and report smuggling activities and any other violation and transgression of financial laws and regulations", and to safeguard the interests of the tax administration, as well as to co-participate in enforcing law ...
In 1897 with the Royal Decree of 16 December 1897, n. 540 [1] the very first Italian plates were provided for velocipedes and issued by the municipality of residence.. By analogy, in 1898, the municipality of Milan promulgated the Regulation for the circulation of motor vehicles (article 17) according to which a plate showing owner's name and the municipal license number, had to be displayed ...
In Belgium, a royal decree [1] (RD) or royal order (Koninklijk Besluit ⓘ in Dutch, Arrêté Royal in French, or Königlicher Erlass in German) is a federal government decree implementing legislation, or exercising powers the legislature has delegated to the crown as secondary legislation. Under the Constitution of Belgium, the king cannot act ...