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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.
(2) In sub-paragraph (1)(b), a relevant person is—
(a)a member of your family or any person with whom you have a close association; or
(b)any person or body who employs or has appointed such persons, any firm in which they are a partner, or any company of which they are directors;
(c)any person or body in whom such persons have a beneficial interest in a class of securities exceeding the nominal value of £25,000; or
(d)any body of a type described in sub-paragraph (1)(a)(i) or (ii).
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