3. The received tax of all base-metallic money and non-metallic money loaned to commercial banks but not repayed shall be turned over to the State Treasury. The Federal Reserve Board shall turn to citizens as Creditors. Citizens shall pay income tax at the twenty percent rates and deposit withdrawal freely after the eighteenth month from the date of the amendment entering into force.
4. All base-metallic money which belongs to any government or any department or officer thereof but the Federal Reserve Board shall be destroyed by the Federal Reserve Board after one year but within two years from the date of the amendment entering into force. The Congress shall coin equal Citizen Notes(公民券) to compensate. The base-metallic money not destroyed shall not be compensated for and be circulated as currency.
5. All non-metallic money which belongs to any government or any department or officer thereof but the Federal Reserve Board shall remain in force and shall be in exchange for equal Citizen Notes(公民券) when scrapped.
Section 6. All precious metallic money coined before this amendment taken effect shall be dealt with under the following two ways:
1. All precious metallic money reserved in the State Treasury(币库、国库)of the Federal Reserve Board shall be nationalized and recovered to metal materials.
2. All precious metallic money which belongs to any government or any department or officer thereof but the Federal Reserve Board shall be as precious metal and not be circulated as currency.
Section 7. The Congress shall have power to enforce this article by appropriate legislation within one year.
Section 8. This article shall be ratified or not as an amendment to the Constitution by the congress of States or the Constitutional Convention within three years. Any State shall acquiesce in this article if not ratify or deny it within three years.
