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What do you mean by pecuniary interest?

What do you mean by pecuniary interest?

relating to money: pecuniary interest/loss/benefit. a pecuniary matter.

What is a disclosable pecuniary interest?

$ disclosable pecuniary interest is broadly defined as including: • Business interests (for example employment, trade, profession, contracts or any company with which a person is associated) • Wider financial interests (for example trust funds, investments and. assets including land and property)

What is a pecuniary interest UK?

A person’s pecuniary interests are their business interests (for example their employment, trade, profession, contracts, or any company with which they are associated) and wider financial interests they might have (for example trust funds, investments, and assets including land and property). RETURN TO THE TOP.

What is a register of pecuniary interests?

A register of pecuniary interest is in place within the school and as such, any directors, governors or employees are asked to record any pecuniary interest held either personally or through a company or relative partner.

Are you free from pecuniary embarrassment meaning?

A pecuniary embarrassment. (1) A person who coerces another person to transfer proprietary benefits by using a threat to restrict the liberty of the person, disclose embarrassing information or destroy or damage property, or by using violence, shall be punished by a pecuniary punishment or up to 5 years’ imprisonment.

What are pecuniary benefits?

Pecuniary benefit means benefit in the form of money, property, commercial interests, or anything else, the primary significance of which is economic gain.

What are non pecuniary interests?

non-pecuniary interests are ‘private or personal interests’ that ‘commonly arise out of family or personal relationship, or involvement in sporting, social or other cultural groups and associations’. ( clause 7.10) if a council official has a non-pecuniary interest that conflicts with his or her.

What are business interests?

A business interest is the involvement of an individual or their family members in any trade or profession, along with any direct interest they may have in any company providing goods or services to the school. For example, if a Governor runs their own building company or provides training courses for teaching staff.

When should a Councillor declare an interest?

In all Council and Council Committee meetings Councillors (Unitary/Town/Parish) must, where appropriate, declare a personal interest to be recorded in the minutes of the meeting. You must declare this at the start of the meeting or as soon as it becomes clear to you that a personal interest exists.

What are examples of business interests?

What is meant by pecuniary embarrassment?

The efficiency of a public officer must be regarded as gravely impaired and the value of his services seriously diminished if, from any cause whatever, he becomes financially embarrassed. …

Can a person have a pecuniary interest in a company?

For example, a person who owns stock in a company is said to have a pecuniary interest in the company, because his investment, loss, and gains can be measured in dollars. A person could receive a pecuniary award from a lawsuit, or be given a pecuniary punishment (a fine) for violating a statute.

What does it mean to have a Disclosable Pecuniary interest?

A ‘disclosable pecuniary interest’ is an interest of yourself or your partner (which means spouse or civil partner, a person with whom you are living as husband or wife, or a person with whom you are living as if you are civil partners) within the following

Which is an example of a pecuniary award?

Pecuniary. The term pecuniary refers to something paid or given in money, or a monetary interest in something. For example, a person who owns stock in a company is said to have a pecuniary interest in the company, because his investment, loss, and gains can be measured in dollars. A person could receive a pecuniary award from a lawsuit,…

What does pecuniary mean in the legal system?

What is Pecuniary in the Legal System As a legal term, pecuniary refers to something that is in the form of money. People can have a pecuniary interest in something, meaning their interest can be measured in dollars. Violation of a certain ordinance or statute may have a pecuniary punishment, rather than jail time.

What does the name pecuniary mean?

The term pecuniary refers to something paid or given in money, or a monetary interest in something. For example, a person who owns stock in a company is said to have a pecuniary interest in the company, because his investment, loss, and gains can be measured in dollars.

What does pecuniary resource mean?

pecuniary resource – assets in the form of money. cash in hand, finances, funds, monetary resource. assets – anything of material value or usefulness that is owned by a person or company. bank – the funds held by a gambling house or the dealer in some gambling games; “he tried to break the bank at Monte Carlo”.

What is a sentence for pecuniary?

Pecuniary in a sentence (esp. good sentence like quote, proverb…) 1 She denies obtaining a pecuniary advantage by deception. 2 He was trying to get a pecuniary advantage for himself. 3 It need not be a pecuniary advantage. 4 Crimes of pecuniary indecency have become standard corporate conduct.

What is the noun for pecuniary?

Nouns for pecuniary include peculation, peculations, peculator and peculators. Find more words at wordhippo.com!