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V. General Operations, Standards and Systems
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5.4 Finance and Capital Standards |
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Article 63-Clearing of debt through credit redemption |
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| 63.1 |
Clearing of debt through credit redemption |
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It is a central objective of the Bank through its various Liability to Asset Currency Exchange Programs to liquidate the unsustainable debt levels of members and corporations to establish a new prosperous long term-stable financial system. |
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It is a founding objective of the Bank that the offer of temporary relief is accomplished on or near the Day of Agreement and Understanding according to the Covenant of One Heaven being UCA[E8:Y3208:8:A1:S1:M27:D1] also known as Monday, 21 Dec 2009. |
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It is a further founding objective of the Bank that more permanent relationships are established prior to the Day of Redemption being UCA[E1:Y1:A1:S1:M9:D1] also known as Fri, 21 Dec 2012. |
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