First Silver Act of 1614

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First Silver Act of 1614
Council of Nation
Territorial extentWhole of the Mesri Republic
Enacted byCouncil of Nation
Enacted12 May 1614
Commenced31 May 1614
Legislative history
Bill published on1 April 1614
Introduced byPatih bahrun Sasanantung
First reading1 January 1614
Second reading11 February 1614

The First Silver Act of 1614, commonly known as the Silver Act of 1614 or simply known as the Silver Act I or formally known as the Silver Economy Act was an act passed by the Council of Nations of the Republic of Mesri in 1614 to create a currency based on silver.

The Mesri Republic then created the Silver Treasury of Mesri to help manage and control the circulation of silver coins the next year before abolishing it in favour of the Mesri Currency Council in 1655 after the passing of the First Gold Act of 1655.

Summary