Policy languages (such as privacy and rights) have had little impact on the wider community. Now that Social Networks have taken off, the need to revisit Policy languages and realign them towards Social Networks requirements has become more apparent. One such language is explored as to its applicability to the Social Networks masses. We also argue that policy languages alone are not sufficient and thus they should be paired with reasoning mechanisms to provide precise and unambiguous execution models of the policies. To this end we propose a computationally oriented model to represent, reason with and execute policies for Social Networks. Keywords Social Networks; Open Digital Rights Language (ODRL); Policy; Privacy; Rights; Defeasible Logic; Formal Contract Language (FCL)