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Bank License & Legalities
Although
initially established in 1999, since 24th September,
2004 Creditnet Bank Internationale has been domiciled in
Australia and thereto reinforcing its common law right
to contract as a Sovereign Status Banking
Organisation to additionally and lawfully chose to
operate under the Federal Legislation of the
Bills-Of-Exchange Act 1909 (Australia) and banking
operations referred to in the amendments of the
Corporation Act Australia and other Federal and
Constitutional Legislations. Creditnet being a Sovereign
Status Banking Organisation is NOT registered under the
statutory law of the Banking Act of 1959 which is
subject to a private unregistered company called
'APRA' which monitors retail banks in Australia.
There have been various contentions
about this issue by many who do not understand the
relevance and structuring of 'Sovereign Status' and who
try to usurp their restrictive values on others, such as
trying to copy-write a word ('bank') of the English
language or even a word from another nationality without
producing an international jurisdictional executive
order to copy-write such a word.
The founding fathers of banking,
commerce, and the free-world knew these Sovereign values
when they built such qualifications into the British
Common Law right-to-contract that states that:
No right, provision, or obligation of
contract may be abridged or impaired by any officer,
employer, or official of any statutory Government,
including, but not limited to, any elected or any
appointed official of any agency or department to the
Government, including but not limited to a Legislator,
Magistrate, Justice and/or Judge.
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