AI=2, II depends on how hard this thing turns out to be to get right
{{
Amend Rule 2162 (Switches) as follows:
In the first paragraph, replace 'the rules define' with 'an instrument or
contract (hereafter its backing document) defines', and 'specify'
with 'specifies'.
In paragraph b), replace 'exactly one' with 'at most one'.
Replace paragraph c) with the following:
c) Exactly one recordkeepor who tracks instances of that switch.
i) If the type of switch's backing document is an instrument,
then the switch's recordkeepor must be an officer in order
for the switch definition to be effective. That officer's
report includes the value of each instance of that switch
whose value is not its default value, or which has no
default value.
ii) Otherwise, the switch's recordkeepor must be a party to
the type of switch's backing document in order for the
switch definition to be effective. The recordkeepor SHALL
weekly publish the value of each instance of that switch
whose value is not its default value, or which has no
default value.
Insert the following paragraph before the final paragraph:
If an instance of a switch would otherwise have its default
value, but no default value is defined for that type of switch,
then the instance instead comes to have a random value from
among the possible values for that type of switch.
Insert the following paragraph after the final paragraph:
A constant switch is a type of switch defined as such by that
type of switch's backing document. An instance of a constant
switch CANNOT be flipped.
}}
[I have attempted, with some difficulty, to preserve the tortuous logic of
switch law, but am still not convinced I properly understand it -- it's all I
can do to ape the established usage. What exactly is the relationship between
a switch, a type of switch, and an instance of a switch?
It *seems* to be: "switch" means "type of switch"; each instance of a switch
has exactly one type; each type of switch has a variable (hopefully finite)
whole number of instances.
But I'm not sure, and I don't see the reason behind the dual use of "switch"
and "type of switch" to mean the same thing. Can anyone clarify?]
..watcher
