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The NBA's policy, run by the BWD Group, costs a modest 4% of salaries, though it is obligatory only for a club's top five players and has limited exclusions for pre-existing conditions.Such a scheme is possible only in a highly regulated system like the NBA's, which caps individual contracts and requires teams to spend at least $49m a year on salaries.
This will replace the normal fact sheet that investors currently see, though the KIID will, at first, be obligatory only for most types of unit trusts.
Others (notably Maimonides) adhere to the latter, more supererogatory understanding, holding that such acts are either obligatory only for the "pious" few or even not obligatory for anyone (Shilo 1978).
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According to John Stuart Mill (1806 73), an act is morally obligatory only if it creates the greatest happiness for the greatest number of people, relative to its alternatives.
Public tender offers are obligatory only if a shareholding exceeds 30%.
Treatment becomes obligatory only when risk or evidence of practice difficulties are identified.
Membership in this system is obligatory not only for wage earners in the public and the private sector, but also for self-employed persons (including farmers).
Correcting for market failures calls not only for regulation – obligatory membership to avoid the problem of adverse selection, but also for its public provision, to improve the monitoring capacity and financial sustainability of the program.
Behind the obligatory bombast, chief executive Ian Livingston is clear that he is aiming only for co-existence with Sky.
Since baseline data were recorded in an anonymous form, written and informed consent was only obligatory for fluid-overloaded hemodialysis patients who subsequently underwent dry weight reduction.
Although maintenance of this memory is observed in 100% of offspring, establishment of strong piRNA-independent memory is not obligatory and only occurs if a silent locus is heterozygous for several generations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com