The Bermuda Legislature Register of Interests is introduced with an explanation about its purpose: ?To provide information of any pecuniary interest or other material benefit which a Member receives which might reasonably be thought by others to influence his or her actions, speeches or votes in Parliament, or actions taken in his or her capacity as a Member.?

It goes on to inform Members that any changes or additions to their entries on the register should be notified to the Registrar within one month of any change occurring.

Members are required to state whether they have any renumerated directorships in any company, which provide either allowances or benefits, or any unrenumerated directorships .

They are questioned about their renumerated employment, office, trade, profession or vocation other than their membership of the Legislature. They must set out the name of their employer or company, the nature of the business, and the position that they hold. They do not have to state the actual amount of renumeration that they receive. This is in contrast to the requirements of the United Kingdom Parliament, where it was resolved in 1995 that any Member who proposes to enter into an agreement involving the provision of services in their capacity as an MP must give details to the Parliamentary Commissioner for Standards, including fees or benefits of more than ?575.

Members must disclose whether any of the paid employment mentioned in either of the above sections entails providing services to clients directly related to their position as a Member.

In addition, any sponsorship received by a Member relating to their position within the Legislature and for which they are expected to provide a benefit must be declared.

The section of the register on gifts, benefits and hospitality asks that any gift given to a Member or their spouse of a value greater than $500 must be declared. They must state if they have received any material advantage of a value greater than 0.5 percent of their current parliamentary salary from any Bermudian company or person that relates to their position as a Member. They must also include information on any hospitality given or facilities offered for to them or at a discounted price because of their position as a Member. Information is required on any gifts or advantages received by any company in which they or their spouse jointly have a controlling interest. There is a separate section relating to benefits and gifts from overseas.

Overseas visits relating to membership of the House or Senate must be listed if the cost of the visit was not wholly borne by them or out of public funds. They must state the country visited, the date, and who paid. This does not apply to visits undertaken on behalf of the Commonwealth Parliamentary Association, a Select Committee, or visits paid for by their own political party.

Members who have a beneficial interest including trusts in any land in Bermuda, other than their family home, must declare it and state the nature of the land and the location.

Shareholdings must be listed if they have a market value greater than $50, 000 or are greater than one percent of the company or body?s issued share capital.