Table 1 - Disclosable Pecuniary Interests

 

 

Subject Description
Employment, office, trade, profession or vocation

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

Any unpaid directorship.

Sponsorship

Any payment or provision of any other financial benefit (other than from the council) made to the councillor during the previous 12-month period for expenses incurred by him/her in carrying out his/her 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 made between the councillor or their spouse or civil partner or the person with whom the councillor is living as if they were spouses or civil partners (or a firm in which such person is a partner, or an incorporated body of which such person is a director or a body that such person has a beneficial interest in the securities of) and the Council:

  • (a) under which goods or services are to be provided or works are to be executed; and
  • (b) which has not been fully discharged
Land and Property

Any beneficial interest in land which is within the area of the council. 'Land' excludes an easement, servitude, interest or right in or over land which does not give the councillor or their spouse or civil partner or the person with whom the councillor is living as if they were spouses or civil partners (alone or jointly with another) a right to occupy or to receive income.

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 councillor's knowledge)

  • (a) the landlord is the council; and
  • (b) the tenant is a body that the councillor, or their spouse or civil partner or the person with whom the councillor is living as if they were spouses or civil partners is a partner of or a director of or has a beneficial interest in the securities of.
Securities

Any beneficial interest in securities* of a body where

  • (a) that body (to the councillor's knowledge) has a place of business or land in the area of the council; 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 the councillor, or their spouse or civil partner or the person with whom the councillor is living as if they were spouses or civil partners has a beneficial interest exceeds one hundredth of the total issued share capital of that class.