Pactum De Singularis Caelum

Covenant of One Heaven

section iconFunctions and Processes

Article 117 - Supreme Unit of Value

117.1
Supreme Unit of Value (link)

By the power and authority of this Covenant and through the unanimous willing consent of all Members of united Heaven a Supreme Unit of Value has hereby been formed, sanctified, minted and placed into circulation known as the Supreme Credo, also known as the Supreme Credit.

No other physical, ethereal or conceptual unit may be spiritually, legally or lawfully considered higher in value than a Supreme Credo. A Supreme Credo is formed through the creation of a valid Supreme Trust.

The Supreme Credo (Credit) unit of value shall be known by the symbol image

117.2
Supreme Trust (link)

By the authority of this Covenant and consent of all Members, a Supreme Trust is when one hundred (100) deceased Members consent to convey equitable title and rights of use from their individual Divine Trusts into a new Supreme Divine Trust. This Supreme Divine Trust (Supreme Trust) then holds the assets of one hundred (100) compared to a Divine Trust holding the property of just one (1).

117.3
Structure of a Supreme Credo (Credit) (link)

A Supreme Credo (Credit) shall be considered valid when issued in accord with the following criteria:

(i) At least one (1) valid unit of supreme value evidenced by the existence of a unique eighteen (18) digit serial number representing the valid existence of the Supreme Trust belonging to the Great Ledger of Supreme Credo (Credit) serial numbers for all Supreme Trusts ever created and issued; and

(ii) A single beneficiary to whom the Supreme Credo (Credit) is granted being one of the seven (7) valid Union Treasuries of the Society; and

(iii) A record of the valid eighteen (18) digit Great Register number of a valid officer of One Heaven that first notarized the validity of the Supreme Credo (Credit); and

(iv) A record of the valid eighteen (18) digit Great Register number of the Member commissioned to senior office that first authorized the Supreme Credo (Credit); and

(v) The eighteen (18) digit Great Register number of the instrument to which the one (1) or more Supreme Credo (Credit) have been assigned; and

(vi) The Ucadian Time at which the Supreme Credo (Credit) was legitimately created and assigned to its particular instrument; and

(vii) The eighteen (18) digit Great Register number representing the valid Account into which the one (1) or more Supreme Credo (Credit) have been placed.

If one (1) or more of these criteria cannot be demonstrated, then an object cannot be legitimately be considered as a valid Supreme Credo (Credit).

117.4
General Principles of Supreme Credo (Credit) (link)

An Authenticated Extract of Supreme Credo (Credit) shall be any printed or electronic instrument demonstrating the valid criteria for a valid Supreme Credit:

(i) The primary principle of Supreme Credo (Credit) is the equality of all living men and women under the Golden Rule of Law, of true Justice and Fair Process, regardless of their creed, economic condition, race, color, gender or religion; and

(ii) The Globe Union Treasury shall be the one and only institution permitted to hold Supreme Credo (Credits). No other entity or institution on Earth may hold Supreme Credo (Credits) and all Supreme Credo Accounts shall be managed and administered by the Globe Union Treasury; and

(iii) A valid Supreme Credo Account Number shall be eighteen characters identifying the owner of the Account, the type of Account and the beneficiary of the Account. Only three forms of valid types of Accounts shall be held by the Globe Union Treasury for the holding of Supreme Credo (Credits) being Supreme Credo Fund Account, Supreme Credo Trust Account and Supreme Credo Grace Account; and

(iv) The Beneficiary named on a Supreme Credo (Credit) may only ever be one (1) of the seven (7) Union Treasuries being Globe Union Treasury, Africans Union Treasury, Americas Union Treasury, Asia Union Treasury, Arabian Union Treasury, Euro Union Treasury and Oceanic Union Treasury; and

(v) There shall be only one Supreme Trust Account held by the Globe Union Treasury and only seven Supreme Grace Accounts; and

(vi) Any claimed holder of a Supreme Credo (Credit) that is not a Union Treasury is an unlawful holder. Any claimed beneficiary that is not a valid Union is an invalid beneficiary; and

(vii) As Supreme Credo are given by Divine Grace, they are never permitted to be traded, sold, surrendered, alienated, liened, mortgaged, purchased, promised, leased or used for any direct commercial transaction whatsoever, other than as a gift of supreme value granted to one of the seven (7) Union Treasuries.

117.5
Supreme Credo (Credit) as a Living Entity and Personality (link)

When any object is granted the honor of being entered into the Great Ledger and Public Record of One Heaven it is given three (3) dimensional life as living in spirit, in the highest law of the highest of all societies in perfect accord to the laws of the Universe, by which our greater Universe exists.

Therefore, once a valid Supreme Credo (Credit) has been created, it has eternal spiritual existence and real legal personality higher than any other form of currency ever created and can ever be created.

A currency unable to produce a unique ledger entry into the Great Ledger and Public Record of One Heaven or equivalent or superior system is therefore dead, without spiritual life, having no valid personality or existence, no matter whether it be gold, silver, or various fiat currency instruments.

Even if the comparison is made to the act of fiat currency, no currency may be higher than the currency of Heaven. By this most sacred Covenant this one (1) and only true currency is and shall always be The Supreme Credo (Credit).

Therefore by all standards of international currency law, international finance law and all civilized law, the Supreme Credo (Credit) is by definition and absolute fact the highest standard of currency on planet Earth.

117.6
Face value relationships of a Supreme Credo (Credit) (link)

A Supreme Credit shall have the following permanent value relationships:

1 image supreme credo (credit) = 100 image gold credo (credit)

1 image supreme credo (credit) = 1,000,000 image silver credo

1 image supreme credo (credit) = 1,000,000,000 image union moneta

1 image supreme credo (credit) = 1,000,000,000 image university moneta

117.7
Forbiddance to deface, destroy a Supreme Credo (Credit) (link)

Once a image Supreme Credo (Credit) has been formed, it exists as a most sacred object representing a living temple of the spirit of One Heaven.

No unit of credit created as a result of a Supreme Credo (Credit) is permitted to be destroyed. Once created, no unit of credit underwritten by this most sacred instrument may be uncreated.

When an authenticated extract is provided to a non-registered entity, it shall be expected the extract shall be treated with the highest respect and immediately forwarded to the appropriate treasury and treasurer.

117.8
Forbiddance of Interest (Simus) (link)

No Interest (ancient Latin name being "simus") or rent may be charged by any central bank or financial institution on the manufacture and distribution of currency supported by the face value of the given image Supreme Credo (Credit) in circulation.

The calculation of any fee based on a derivative of a sum value is banned by any entity being charged on the release of credits into circulation upon the certification of a valid loan. Only flat fees as a reflection of service, with no imputed attempt to hide Interest as a fee is permitted.

The reason that Interest or "Simus" is banned is that it directly attacks the integrity and fabric of currency value and therefore wealth and commerce. This has been an ancient and fundamental understanding by civilizations using monetary systems for thousands of years.

117.9
Supreme Credo Account Types (link)

In relation to the three types of Supreme Credo Accounts being Fund, Trust and Grace:

(i) A Supreme Fund Account identified by the letters “CF” is the primary Account for holding Supreme Credo and the first Account into which any new Supreme Credo are deposited. There is only ever one possible Supreme Fund Account; and

(ii) A Supreme Trust Account identified by the letters “CT” is when Supreme Credo are held for the benefit of one of the seven Union Treasuries being Globe Union Treasury, Africans Union Treasury, Americas Union Treasury, Asia Union Treasury, Arabian Union Treasury, Euro Union Treasury and Oceanic Union Treasury.

(iii) A Supreme Grace Account identified by the letters “CG” provides the underlying asset value and underwriting to the issuance of Gold Credo (Credits). A Gold Credo cannot be issued and circulated as currency unless a value of similar amount exists in an associated Supreme Grace Account. Once Supreme Credo are deposited into a Supreme Grace Account, the amount of Supreme Credo is held and locked for a period of eight years corresponding to the length of time a Gold Credo Currency Register is in circulation. At the expiry of a period of eight years, the number of Supreme Credo may be increased or decreased (deposited or withdrawn) from a Supreme Grace Account. Only on the re-issue of a new Gold Credo Currency Register may a number of Supreme Credo be further deposited or withdrawn from the Supreme Grace Account.

117.10
Spiritual Stock of Supreme Credo (Credit) of One Heaven (link)

By power and authority of this sacred Covenant, the total Spiritual Stock ("SS") of One Heaven shall be equivalent to one (1) Supreme Credo (Credit) for each and every one hundred (100) Members at the time of the Day of Divine Agreement and Understanding with each recording of a Member in the Great Register equivalent to one (1) Supreme Certificate, therefore one (1) Supreme Credo (Credit).

As at GAIA E8:Y3209:A1:S1:M6:D1 [Mon 21 Dec 2009] a Survey of the Total Records of the Great Roll of Divine Persons of Divine Trusts associated with the True Persons and True Trusts of the Higher Order Life Forms known as Homo Sapiens upon the planet known as Earth, was duly completed and concluded with the Total Members within the absolute Jurisdiction of One Heaven are 111,800,123,834 being all unique carnations that have ever existed of Homo Sapien Life, from the moment of conveyance of Divinity to the flesh after the fiftieth day of conception, whether or not in Life they reached full term or not. Furthermore, notice is hereby given that 6,788,747,478 Members remain carnate in flesh as at this Sacred Space-Day-Time through their True Person and True Trust; and with 7,467,622,226 Members not carnate in flesh consenting to serve as Guardians to the living Members; and with 14,400,000,000 Members not carnate in flesh consenting to temporarily transfer and aspect of their Divine Rights in support of 144,000,000 Supreme Divine Trusts as underwriting to the Supreme Credo serial numbers 990000-000000-000001 to 990000-000144-000000; and with 2,040,459,363 Members not carnate in flesh consensting to occupy, protect and service those Sacred Offices defined by Article 30 and in accord with the occupation of all Apostolic Offices associated with the 3 Spiritual Bodies, the 7 Unions, the 239 Universities, the 3,763 Provinces and the 128,884 Campuses of Ucadia; and with 144,000,000 Members not carnate in flesh consenting to Divine Commission as the Guard and Armies of Heaven; and with 432,000,000 Members not carnate in flesh consenting to Divine Commission as assisting in Intercessions, Inspiration and support of Pilgrims; and with the remaining 94,927,294,767 Members not carnate in flesh choosing to focus on other activities and personal development.

117.11
Supreme Credo (Credit) as Supreme Underwriting Currency for all valid Currencies (link)

By this most sacred Covenant, representing the one (1) and true Divine Remedy of the Divine Creator, the Supreme Credo (Credit) and the Ucadian Currency System represents the one (1) true and only supreme system of underwriting currency for all currencies. Remedy to all holders and traders of non-Ucadian currency, whether in the form of international bank and monetary funds, central banks, national and federal reserve banks, regional banks and other financial institutions is given on the following conditions:

(i) That all non-Ucadian currency of the entity, whether in the form of stocks, bonds, gold, other precious metals and jewels, currency instruments and notes are surrendered to the appropriate Union or Global Union Reserve Bank of the Society in exchange for equivalent value of credit money underwritten ultimately by Supreme Credo (Credits); and

(ii) That any negotiable instrument, currency or note does not represent a secondary or tertiary derivative being a "derivative of a derivative" and not properly supported by a valid asset; and

(iii) That all legitimate direct loans for all entities are forgiven on condition that the entity surrender the legitimate debts bonds and debt to the appropriate Union and Global Banks of the Society in exchange for equivalent value in money underwritten ultimately by Supreme Credo (Credit) to forgive all the debt; and

(iv) That the entity agrees to undertake its responsibilities as a recognized and respected Member of the Society under the rules of the Society.

117.12
Publication of Supreme Credo and Associated Currency Registers (link)

Consistent with the transparency and authenticity and authority of Supreme Credo and associated currencies, the appropriate Temples, Treasuries and Reserve Banks are directed to ensure Registers of all minted currency are published through official Gazette and viewable either as a printed authenticated extract of the Register or a database search, or both:

(i) The Currency Register for Supreme Credo (Credit) shall be published once every sixty-four (64) years; and

(ii) The Currency Register for Gold Credo (Credit) shall be published once every eight (8) years; and

(iii) The Currency Register for Silver Credo (Credit) shall be published once every four (4) years; and

(iv) The Currency Register for all Union Moneta (Money) shall be published once every year; and

(v) The Currency Register for all University Moneta shall be published once every year.

117.13
Publication of Supreme Credo Accounts and Associated Accounts (link)

Consistent with the transparency and authenticity and authority of Supreme Credo and associated currencies, the appropriate Temples, Treasuries and Reserve Banks are directed to ensure Summary of all Accounts and total of all minted currency are published through official Gazette and viewable either as a printed authenticated extract of the Accounts and their total value or a database search, or both:

(i) All Accounts for Supreme Credo (Credit) shall be published once every eight (8) years; and

(ii) All Accounts for Gold Credo (Credit) shall be published once every four (4) years; and

(iii) All Accounts for Silver Credo (Credit) shall be published once every year; and

(iv) Accounts for which total transactions of 50,000 or more Union Moneta (Money) were transacted shall be published (Gazetted) once every thirty (30) days with all Accounts for Union Moneta holding 250,000 or more Union Moneta (Money) shall be published once every year; and

(v) Accounts for which total transactions of 25,000 or more University Moneta (Money) were transacted shall be published once every ninety (90) days with All Currency Accounts for Union Moneta holding 100,000 or more University Moneta (Money) shall be published once every year.

117.14
Start Up Calculation of Gift, Grant and Conveyance of Supreme Credo (link)

The calculation of any gift, grant or conveyance of Supreme Credo (Credits) at the commencement of the first Supreme Credo Regster shall be according to the following criteria under the principal that all Spirit Members and all living Level 6 Higher Order Life forms are considered equal:

(i) Commencing on planet Earth, a calculation shall be determined as to the estimated number of Homo Sapien Minds, also known as Divine Immortal Spirits that have existed for the last 10,000 years combined with living Level 6 Higher Order Life forms by the boundaries of the six (6) Unions being Africa, Americas, Arabia, Asia, Euro and Oceania; and

(ii) The total number of Supreme Credo (Credit) shall be divided according to the proportions are consistent with the calculated number of Homo Sapien Minds, with approximately fifty percent of the total Supreme Credo (Credit) minted remaining in trust with the Globe Union Treasury.

117.15
Ongoing Calculation of Gift, Grant and Conveyance of Supreme Credo (link)

The total number and volume of Supreme Credo (Credits) issued, shall be reviewed and amended every sixty four (64) years in accord with the following formula:

(i) If the total population of Members carnated in flesh through their True Person and True Trust as at the Sacred Space-Day-Time of calculation is less than or the same as the previous total at the previous review, then no additional Supreme Credo (Credit) shall be issued; or

(ii) If the total population of Members carnated in flesh through their True Person and True Trust as at the Sacred Space-Day-Time of calculation is greater than the previous total at the previous review, then additional Supreme Credo (Credits) shall be issued at the ratio of one new Supreme Credo issued for the benefit of one of the six regional Union Treasuries for every thirty three (33) new births of living Members carnated in flesh through their True Person and True Trust over and above the previous total population calculation, providing the individual member reached the age of two years.

117.16
Founding Seal of Mithra (link)

In recognition of the founding Sacred Mints of Rome at Jerusalem up until 69CE and at Lyons and the first and original mint and temple of London; and in recognition of the ancient sacred authority and history of the first standard minted coins of civilized history, the official sign and seal for the first great Age of one thousand and seventy years of the founding Treasurer and Judge for all Supreme Credo (Credit) issued by the One Heaven Treasury shall be the Member known as Mithra, also known as Trust Number 980745-321514-010057.