Declaration of private activities
1. Members of Congress of Deputies and Senators shall deliver in writing, pursuant to the Rules of Procedure of each House, a declaration of all activities which may constitute a cause of disqualification under this Institutional Act and of any other activities that currently bring or might bring an economic profit, as well as of their private estate, both on becoming members of either House and when losing their parliamentary status and whenever there is a change in their
2. Assets and activities statements shall be made separately according to the models adopted in a joint meeting of the Bureaus of both Houses of Parliament and must be entered in an Interests Register to be set up in each House under the direct authority of its Speaker, for the purposes of this present Section and those specified in the relevant Rules of Procedure. Said statements shall include:
a) the performance of any activities that may constitute a cause for disqualification under subs. 2 of Section 159;
b) those activities which according to this Act, may be simultaneously carried out;
c) generally all activities that actually bring or may bring an economic profit.
The contents of the Interests Register shall be of a public nature. The Bureaus of both Houses, in conformity with the first paragraph of this present subsection, are to l make provision for the publicity procedure.
The Speaker of each House shall be responsible for the institution and decision of any proceedings relating to the Interests Register and to Deputies' and Senators' activities, except as provided in the remaining subsections of this present Section and in Section 159.3.c).
3. Cases of alleged incompatibility shall be determined at a plenary sitting of the House concerned, on the corresponding committee’s proposal. The resolution shall state the reasons thereof and where it is about private activities, it shall be on the basis of the situations set out in Subsection 2 of Section 159. Where the resolution declares that a cause for disqualification exists, the member concerned must choose between his seat or the disqualifying position, activity, source
of income or stake, and if he fails to exercise said option, he shall be deemed as having relinquished his seat.
4. Where one of the Houses declares in the appropriate plenary sitting the reiteration or continuation by one of its members of the activities referred to in paragraph a) of subsection 2 of Section 159 or of the provision of services referred to in paragraph d) of said subsection and Section, further performance by said member of such activities or services shall be construed as resignation from his seat, which shall take effect in the manner provided for by the Rules of Procedure of that House.
SECT.160 AS AMENDED BY SECT. 57 OF INSTITUTIONAL ACT 8/1991, OF MARCH, 13
2 3RD PARAGRAPH AS AMENDED BY SINGLE SECT. OF INSTITUTIONAL ACT 7/2011, OF JULY 15