I'm actually broadly in agreement with you John; hasty, back of a fag packet in your lunch hour legislation is rarely any good; a missed opportunity IMO.
For me there should be two driving principles to MPs taking outside work: it doesn't interfere with their duties by taking up their time. It doesn't leave them open to undue influence (real or perceived, and yes, that would include paid union work). Exceptions would need to be included to cover the type of things you mention. For example owning your own or family business; they should be able to retain a non executive directorship as long as they relinquish their day to day involvement. It's not what they go into politics with that I have the problem with it's what they acquire once they are there that bothers me.
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