A 348 2003 No. 19 Communications interest of the relevant person is not of a material nature or is minimal. 8. The Commission in determining whether or not the interest of a Commissioner or staff of the Commission is minimal or not of a material nature shall consider factors including but not limited to the following— (a) the revenues, investments, profits and managerial efforts of the relevant company or other entity in regard to its communications activities compared with other aspects of the company’s or such entity’s businesses ; (b) the extent to which the Commission regulates and oversees the activity of such company or entity ; (c) the degree to which the economic interests of such company or other entity may be affected by an action of the Commission ; and (d) the perceptions held or likely to be held by the public regarding the relevant person’s financial interest or investment in that company or other entity. 9. The Board may at any time review and reverse its determination under paragraph 7 of this Schedule and direct the application of the prohibitions contained in this Schedule to the affected Commissioner or staff of the Commission and the Board shall not be under an obligation to disclose the reason or basis for its review to the affected Commissioner or staff member. 10. In any case in which the Commission exercises the waiver authority or the review thereof as specified in paragraphs 7 and 9 of this Schedule, the Commission shall so soon thereafter publish the details thereof and such publication shall include information regarding the identity of the person who has been granted the waiver or whose waiver grant has been reviewed, the position held by such person and, the nature of the financial interests which are the subject of the waiver or the review thereof. 11. For the purposes of this Schedule— (a) “company” includes partnerships and undertakings ; (b) “immediate family” means a person’s spouse and children who are under the age of 18 years. I certify, in accordance with section 2( 1) of the Acts Authentication Act, Cap. 4, Laws of the Federation of Nigeria 1990, that this is a true copy of the bill passed by both Houses of the National Assembly. IBRAHIM SALIM, CON Clerk to the National Assembly 30th day of June, 2003