Table 1: Disclosable pecuniary interests
This sets out the explanation of Disclosable Pecuniary Interests. The statutory provisions can be found in The
Relevant Authorities (Disclosable Pecuniary Interests) Regulations 2012 .
Description of Disclosable Pecuniary Interests (from DCLG Guide for Councillors “Openness and Transparency
on Personal Interests” March 2013).
If you have any of the following pecuniary interests, they are your Disclosable Pecuniary Interests under
the national rules. Any reference to spouse or civil partner includes any person with whom you are living as
husband or wife, or as if they were your civil partner.
Employment, office, trade, profession or vocation
Any employment, office, trade, profession or vocation carried on for profit or gain, which you, or your spouse
or civil partner, undertakes.
Other payments received
Any payment or provision of any other financial benefit (other than from your council or authority) made or
provided within the relevant period in respect of any expenses incurred by you in carrying out duties as a
member, or towards your election expenses. This includes any payment or financial benefit from a trade
union within the meaning of the Trade Union and Labour Relations (Consolidation) Act 1992. The relevant
period is the 12 months ending on the day when you tell the Monitoring Officer about your Disclosable
Pecuniary Interests following your election or reelection, or when you became aware you had a Disclosable
Pecuniary Interest relating to a matter on which you were acting alone.
Contracts
Any contract which is made between you, or your spouse or your civil partner (or a body in which you, or
your spouse or your civil partner, has a beneficial interest) and your council or authority:
•
under which goods or services are to be provided or works are to be executed; and
•
which has not been fully discharged.
Land
Any beneficial interest in land which you, or your spouse or your civil partner, have and which is within the
area of your council or authority.
Licences
Any licence (alone or jointly with others) which you, or your spouse or your civil partner, holds to occupy
land in the area of your council or authority for a month or longer.
Corporate tenancies
Any tenancy where (to your knowledge) –
•
the landlord is your council or authority; and
•
the tenant is a body in which you, or your spouse or your civil partner, has a beneficial interest.
Securities [*]
Any beneficial interest which you, or your spouse or your civil partner has in securities of a body where –
(a) that body (to your knowledge) has a place of business or land in the area of your council or authority; and
(b) either –
(i)
the total nominal value of the securities exceeds £25,000 or one hundredth of the total issued
share capital of that body; or
(ii)
if the share capital of that body is of more than one class, the total nominal value of the shares of
any one class in which you, or your spouse or your civil partner, has a beneficial interest exceeds one
hundredth of the total issued share capital of that class.
Table 2: Other registrable interests
You have a personal interest in any business of your authority where it relates to or is likely to affect:
a) any body of which you are in general control or management and to which you are nominated or
appointed by your authority
b) any body
(i)
exercising functions of a public nature
(ii)
any body directed to charitable purposes or
(iii)
one of whose principal purposes includes the influence of public opinion or policy (including any
political party or trade union). .