From: Chris S. <chr...@gm...> - 2012-03-26 16:03:30
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On Mon, Mar 26, 2012 at 4:17 AM, Dr....@t-... < Dr....@t-...> wrote: > The rules state the following: > > > > The number of Building Permits is dependent on the Director's Certificate. > If this is a > 40% share, the Building Permit is for 1 Phase. > 30% share, the Building Permit is for 2 Phases. > 20% share, the Building Permit is for 3 Phases. > - The Director has a free choice over which Phases. > > > > One could now argue that the phrase "is for" makes it mandatory for a > director to select a 3 Phase Permit. I took the next statement to be the > indication that a director might choose some other building right. > (Perhaps i should recode that based on the logical assumption that no > director > > will want to forfeit a possible building phase ? -Opinions here ?) > My opinion is that it is illegal for a director of a 20% company to choose a 1 or 2 phase certificate. I believe that "is for" mandates the specific size of the certificate. The "free choice" is the choice between ABC or BCD in the case of the 20% certificate. -- Chris Please consider the environment before printing this e-mail. |