(1)Each member shall register—
(a)any registrable interest which that member had on the date on which that member was returned; and
(b)any registrable interest which that member had before that date but which that member no longer had on that date, if that interest meets the prejudice test,
or declare that the member had no such interest.
(2)An interest meets the prejudice test if, after taking into account all the circumstances, that interest is reasonably considered to prejudice, or to give the appearance of prejudicing, the ability of the member to participate in a disinterested manner in any proceedings of the Parliament.
(3)A member shall comply with subsection (1) by lodging with the Clerk, not later than the relevant date, a written statement or, as the case may be, a written declaration.
(4)The relevant date for the purposes of subsection (3) is the date which is 30 days after the date on which the member has taken the oath of allegiance or made a solemn affirmation in accordance with section 84(1) of the 1998 Act.