The Standards Commission is an independent body whose purpose is to encourage high ethical standards in public life through the promotion and enforcement of Codes of Conduct for councillors and those appointed to the boards of devolved public bodies.
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(i) You must register any directorships held which are themselves not remunerated but where the company (or other undertaking) in question is a subsidiary of, or a parent of, a company (or other undertaking) in which you hold a remunerated directorship.
(ii) You must register the name of the subsidiary or parent company or other undertaking and the nature of its business, and its relationship to the company or other undertaking in which you are a director and from which you receive remuneration.
(iii) The situations to which the above paragraphs apply are as follows:
- you are a director of a board of an undertaking and receive remuneration - declared under Category 1 - and
- you are a director of a parent or subsidiary undertaking but do not receive remuneration in that capacity.