883. Interests and the Code of Conduct in the House of Lords.

It has long been the practice that lords should declare any direct pecuniary interest in subjects on which they speak, and that lords should not advocate, promote or oppose in the House any bill or subordinate legislation in relation to which they are acting or have acted personally for a specific fee or reward, nor should they vote on private bills in which they have a direct pecuniary interest1. In 1995 the House adopted more restrictive guidance incorporating the principles that lords should act always on their personal honour, and never accept any financial inducement as an incentive or r