Rights of the People
The
people not only have the right to elect Parliament; by means of an initiative, they can also require
Parliament to convene or they can call for a popular vote on its dissolution. The right to referendum
gives voters the opportunity to subject parliamentary decisions to a popular vote. 1000
voters must sign a proposal in order to call for a referendum on legislative and financial decisions;
1500 must sign a proposal in the case of constitutional amendments and international treaties. However,
Parliament has the option of declaring legislative and constitutional amendments as well as financial
decisions as urgent, thereby excluding the possibility of a referendum. Rights
of the Reigning Prince
The Reigning Prince has various possibilities
to influence the decisions of Parliament, but also its very existence. Every law requires the assent
of the Reigning Prince (sanction), as do financial decisions. The Reigning Prince exercises his rights
only after the referendum period has ended (or after the positive outcome of a popular vote). The
Reigning Prince has the right to represent the State abroad, notwithstanding the necessary participation
of the Government. International treaties curtailing State sovereignty rights or the rights of the people
or that impose a new burden are subject to the approval of Parliament. The
Reigning Prince has the right to open Parliament at the beginning of the year and to adjourn it at the
end of the year. Without this regular opening, Parliament has no autonomous right to assemble during
the year. The Reigning Prince may also suspend Parliament for up to three months during the year or
dissolve it on grounds of considerable importance. | 
