R7-3

The Code should also incorporate the principles which the House of Lords adopts concerning the registration of members’ interests. and Observations Declaration and Registration of Interests Reference is made in the recommendations which follow to the three categories of the present Register of Lords’ Interests. The categories are: (1) Consultancies or any similar arrangements, involving payment or other incentive or reward for providing parliamentary advice or services. [Registration mandatory] (2) Financial interests in businesses involved in parliamentary lobbying on behalf of clients. [Registration mandatory] (3) Other particulars relating to matters which members consider may affect the public perception of the way in which they discharge their parliamentary duties. [Registration discretionary]