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8. (1) You have a personal interest in any
business of your authority where either-
(a) it relates to or
is likely to affect-
(i) any
body of which you are a member or in a
position of
general control or management and to
which you
are appointed or nominated by your
authority;
(ii) any body-
(aa) exercising functions of a public nature;
(bb) directed to charitable purposes; or
(cc) one of whose principal purposes includes
the influence of public opinion or policy (including
any political party or trade union), of which you
are a member or in a position of general control
or management;
(iii) any
employment or business carried on by you;
(iv) any
person or body who employs or has
appointed
you;
(v) any
person or body, other than a relevant
authority,
who has made a payment to you in
respect of
your election or any expenses incurred
by you in
carrying out your duties;
(vi) any
person or body who has a place of
business or
land in your authority's area, and in
whom you
have a beneficial interest in a class of
securities
of that person or body that exceeds the
nominal
value of £25,000 or one hundredth of the
total issued
share capital (whichever is the lower);
(vii) any contract for goods, services or works
made between
your authority and you or a firm in
which you
are a partner, a company of which you
are a
remunerated director, or a person or body of
the
description specified in paragraph (vi);
(viii) the interests of any person from whom you
have
received a gift or hospitality with an estimated
value of at
least £25;
(ix) any
land in your authority's area in which you
have a
beneficial interest;
(x)
any land where the landlord is your authority
and you are,
or a firm in which you are a partner, a
company of
which you are a remunerated director,
or a person
or body of the description specified in
paragraph
(vi) is, the tenant;
(xi) any
land in the authority's area for which you
have a
licence (alone or jointly with others) to
occupy for
28 days or longer; or
(b) a decision in
relation to that business might
reasonably be regarded as affecting your
well-being
or financial position or the well-being or
financial
position of a relevant person to a greater
extent than
the majority of-
(i) (in
the case of authorities with electoral divisions
or wards)
other council tax payers, ratepayers or
inhabitants
of the electoral division or ward, as the
case may be,
affected by the decision;
(ii)
(in the case of the Greater London Authority)
other
council tax payers, ratepayers or inhabitants
of the
Assembly constituency affected by the
decision;
or
(iii) (in
all other cases) other council tax payers,
ratepayers
or inhabitants of your authority's area.
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