Tuesday, January 15, 2008

Better a legislator than a janitor

Proof of nature knowing what's best when it comes to division of labour...

Section 49(1) of the Hong Kong Companies Ordinance (yes yes I know you're bored already!) provides that "No redeemable shares may be issued at a time when there are no issued shares of the company which are not redeemable."

Imagine if it had been your janitor who post a sign outside the loo saying, "No one may use the toilet at a time when there is no toilet paper which is not perfumed."

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