Table 1: Disclosable Pecuniary Interests

This table sets out the explanation of Disclosable Pecuniary Interests as set out in the Relevant Authorities (Disclosable Pecuniary Interests) Regulations 2012. You have a disclosable pecuniary interest as defined by section 30 of the Localism Act 2011 in any business of the Council where either you or your partner (which means your spouse or civil partner, a person with whom you are living as husband or wife, or a person with whom you are living as if you are civil partners) has an interest as described below:

Subject

Description

Employment, office, trade, profession or vocation

Any employment, office, trade, profession or vocation carried on for profit or gain.

Sponsorship

Any payment or provision of any other financial benefit (other than from the council) made to a Member during the previous 12-month period for expenses incurred by them in carrying out their duties as a councillor, or towards their 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.

Contracts

Any contract which is made between a Member (or a body in which they have a beneficial interest) and the Council:

  • under which goods or services are to be provided or works are to be executed; and

  • which has not been fully discharged.

Land and Property

Any beneficial interest in land which is within the area of the Council.

Licenses

Any licence (alone or jointly with others) to occupy land in the area of the Council for a month or longer.

Corporate tenancies

Any tenancy where (to the Member’s knowledge):

  • the landlord is the Council; and

  • the tenant is a body in which the Member has a beneficial interest.

Securities

Any beneficial interest in securities of a body where:

  • that body (to the Member’s knowledge) has a place of business or land in the area of the Council; and

  • either:

    • the total nominal value of the securities exceeds £25,000 or one hundredth of the total issued share capital of that body; or

    • 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 the Member has a beneficial interest exceeds one hundredth of the total issued share capital of that class.