undefined Register of interests guidance note
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Lewes and Eastbourne
Councils

Register of interests guidance note

“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 and other securities of any description, other than money deposited with a building society).

 

The purpose of this section is to declare any beneficial interest in securities of a body where:

 

(a) that body (to my knowledge) has a place of business or land in the area of the Council named above; and

 

(b) either—

 

(i) the total nominal value of the securities exceeds £25,000 or one hundredth of the total issued share capital of that body; or

 

 (ii) 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 I or my spouse or partner has a beneficial interest exceeds one hundredth of the total issued share capital of that class.