undefined Register of interests guidance note

Register of interests guidance note

Any beneficial interest in securities of a body where –

i.              That body (to your knowledge) has a place of business or land in the area of the relevant authority; and

ii.            Either:-

a.    The total nominal value of the securities exceeds £25,000 or one hundredth of the total issued share capital of that body; or

b.    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 relevant person has a beneficial interest exceeds one hundredth of the total issued share capital of that class.

 

“securities” means shares debentures, debenture stock, loan stock, bonds, units of a collective investment scheme within the meaning of the Financial Services and Markets Act 2000(1) and other securities of any description, other than money deposited with a building society.