Now you're just being silly. A relay as an isolator or a DP switch for the light would be simpler and more robust than a capacitor, which would have to be rated at 250V, able to pass 3-5A, have an exceptionally low impedance at 50Hz (<10 ohms):
not age, not leak etc. Oh - and it would have to have some magical way of allowing current to flow in both directions when the pullcord switch was closed and in neither direction when the momentary switch was closed. Not sure how it could tell which condition was which when it saw an alternating potential across it though.....
Finally I can't believe that NICEIC, or the IEE would be happy with a capacitor in series in a current-carrying conductor - they should, as I would be, concerned about what it might do if exposed to the full PSC of the circuit....
not age, not leak etc. Oh - and it would have to have some magical way of allowing current to flow in both directions when the pullcord switch was closed and in neither direction when the momentary switch was closed. Not sure how it could tell which condition was which when it saw an alternating potential across it though.....
Finally I can't believe that NICEIC, or the IEE would be happy with a capacitor in series in a current-carrying conductor - they should, as I would be, concerned about what it might do if exposed to the full PSC of the circuit....