Explanatory Notes:
Members of staff and school governors are forbidden from being involved in decision making relating to the purchases by the school of goods and services from themselves, their relatives or organisations in which they or those close to them have significant interest. The school is required to maintain a register of such interests.
This form provides a standard way for governors and staff to declare such interests. It will be kept in the School Office and is open for inspection by authorised persons (eg OFSTED inspectors, Internal Audit, Education Officers etc.).
A significant interest is defined as one in which the individual stands to gain substantial direct or indirect reward from a transaction made with the school. Owning a firm that makes supplies to the school would qualify, whereas owning a few shares in BT Group plc would not. Most interests fall between these extremes.
In deciding whether an interest should be registered, ask yourself:
a. Is the interest significant?
b. Does the interested party stand to gain direct or indirect reward from a transaction with the school?
If in doubt declare it!