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8.—(1) For the purposes of regulation 7, a member or, as the case may be, a relative, shall have a business interest if—
(a)the member holds any office or employment for hire or gain (otherwise than as a member) or carries on any business; or
(b)the member, or any relative holds, or possesses a pecuniary interest in, any such licence or permit as is mentioned in paragraph (2).
(2) The licence or permit referred to in paragraph (1)(b) is a licence or permit granted in pursuance of the law relating to liquor licensing, refreshment houses or betting and gaming or regulating places of entertainment in Northern Ireland.
(3) If a member or a relative has a business interest within the meaning of regulation 7 and, on that interest being notified or disclosed as mentioned in regulation 7(1), the Chief Constable has, by written notice, required the member to furnish particulars of such changes in that interest, as respects its nature, extent or otherwise, as may be mentioned in the notice then, in the event of any such change in that interest being proposed or occurring, regulation 7 shall have effect as though the changed interest were a newly proposed, or newly acquired, interest which has not been notified or disclosed as aforesaid.
(4) In its application to a senior officer, regulation 7 and this regulation shall have effect as if—
(a)for any reference therein to the Chief Constable there were substituted a reference to the Board;
(b)for any reference in regulation 7(5), (7), (8) or (9) to an appeal there were substituted a reference to a request for reconsideration; and
(c)the references in regulation 7(9) to the approval of the Board were omitted;
but the Board shall not dispense with the services of a senior officer under regulation 7 without giving him an opportunity of making representations and shall consider any representations so made.
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