Changes planned to allow 18 year olds to go into business

[Help1]

Changes planned to allow 18 year olds to go into business

Posted: 25 August 2008 1531 hrs

 

SINGAPORE - Plans have been laid out to make it easier for young entrepreneurs to go into business.

 

The Finance Ministry is proposing a delinking of the age of majority from the age of contractual capacity, reducing the age from 21 years to 18 years.

 

The move is the result of feedback received by the Pro-Enterprise Panel that legal barriers that prevent young people from starting and conducting a business should be removed.

 

To change will however require the amendment of a host of other laws, and Civil Law Act which the Finance and Law ministries have drafted amendments to.

 

The two ministries are now seeking feedback on the Consultation Paper both have released with the draft Civil Law (Amendment) Bill.

 

The consultation period ends on Friday, 19 September.

 

 

If it really happens, then IMH and those counselling centres will have more patients and there will be more bankrupts....very few teens are as enterprising and risk taking like the ang mohs whereby when they fell down time after time, they will stand up again and again...asians, especially singaporeans are afraid of failure.

[Gearoil]

Or I see......change the law when a lot of Elite's sons and daughters wants to own and start businesses but are still deemed too young now..is it?

[Genie47]

I bring in RealDolls and rent them out. New business.

[Kingcopa]

Contradicting. U cannot vote unless u reach 21 but u can start business at 18. Hahahahaaha

[Help1]

is not contradicting at all, the government is smart...they know that 18s is very gullible and dun think twice so sucking their yrly hongbaos which their parents n relatives give them...so when those 18s hit nails, they will guai guai and join civil sector and vow not to leave ofr private sector liao...this is another way of retaining "talent" and having "elites"

[Singer]

On a lighter side, I tend to agree with you. If I may add further, this can be looked into from two extreme angles.

 

From a social contract POV, with these new laws, will these kids benefit the community or otherwise. It will certainly create a new breed of community. What kind of end-product will they become? A long list of them, and are debatable.

 

On the other hand, if propagated and executed correctly, it could very well produce good result with a positive chain reaction.

Edited August 25, 2008 by Singer

[Singer]

A brand new interpretation of being a minor??...

[Genie47]

Eh? Can set up small kiosk in Geylang displaying the dolls and rental cost. How you want to "do" them is none of our business. Additional charges for special lingerie, panties, nurse uniform, teacher, schoolgirl, basically everything a whore is not able to provide except for a massage and shower.

 

If any of the whores want to rent it from us for a safer menage de trois are welcome.

 

Damage the doll, pay for the doll fully and keep it. We offer sanitation services to disinfect the doll completely. Additional charges apply. Additional charges apply for additional heating of the doll to make them more like human.

 

Yes, charge charge charge. Yeehaw!

[Singer]

... and the vocab paedophile may no longer be needed Edited August 25, 2008 by Singer

[Genie47]

Unless they bring up a law to make doll f***ing illegal.

[Singer]

that is s3xploitation still...

 

hmmm let me see, under unruly behaviour act?

[Genie47]

That will really open a can of worms. Unruly behavior in your own private rented out hotel room or own bedroom. The media circus out of this should be entertaining.