Light Armor

Description	Light Armor allows you to use Light armor. Light armors are Fur, Leather, Chainmail, Mithril, Elven, and Glass. These are the standard armors used by thieves, archers and bandits.
Governing attribute	Speed
Perks	Novice Armor degrades at 150% of normal rate. Apprentice Armor degrades at 100% of normal rate. Journeyman Armor degrades at 50% of normal rate. Expert No encumbrance when wearing light armor. Master 50% Extra armor rating when wearing ONLY light armor pieces.

ArmorRating = ( 0.35 + 0.0065 * Skill ) * BaseArmorRating