Disclosure and Participation
The Regulations detailing the precise nature and circumstances where a specified pecuniary interest must be disclosed are set out in Appendix 3 of this document.
Section 30 of the Localism Act 2011 provides that a member or co-opted member of a local authority and certain other authorities, on taking office, must notify the authority’s monitoring officer of any disclosable pecuniary interest which that person has at the time of notification. These Regulations specify what is a pecuniary interest. Section 30(3) sets out the circumstances in which such an interest is a disclosable interest.