What are the House of Lords rules and what happens if they are broken?

The House of Lords, unlike the House of Commons, does not see membership as a job since peers do not receive a salary. Instead, they receive a daily attendance allowance and reimbursement for certain expenses. While they can thus continue with external professions, they must adhere to a code of conduct that emphasizes personal honour in their dealings. Although there are regulations requiring peers to declare certain outside interests, including paid roles and significant shareholdings, the requirements are less stringent compared to MPs, reflecting unique parliamentary traditions.

Peers are paid an attendance allowance and reimbursed expenses, but their roles enable them to maintain outside jobs, highlighting a distinctive employment structure in the House of Lords.

While peers are largely trusted to police their own conduct, they are still subject to specific regulations regarding the declaration of outside interests in order to maintain transparency.

Read at www.theguardian.com