RACHAEL Hamilton MSP, one of the two local Tory parliamentarians accused of peddling outdated information about the state of buildings and equipment at NHS Borders, is a 49% shareholder in the company which owns the Buccleuch Arms Hotel in St Boswells.

That stake is revealed in the Scottish Parliament’s register of interests of MSPs who earn a basic annual salary of £58,097.

Ms Hamilton, elected to serve the Scottish Parliamentary seat of Ettrick, Roxburgh and Berwickshire on June 8, states on the register: “I own 49% of the share capital of Borders Hotels Ltd, of the Green, St Boswells. These are ordinary shares with a market value of £161,158.

“The company is a privately owned limited company, therefore market value is difficult to determine. The value given is the net asset value based on the latest accounts filed with Companies House”.

According to these accounts, the Buccleuch Arms Hotel is valued at £1.419m.

Ms Hamilton also reveals that she owns a 50% share in a house in the Borders with a market value of between £90,001 and £100,000.

“This property generates a gross annual income of up to £5,000 per year,” she states.

Meanwhile, the register of interests of new Conservative MP John Lamont (Berwickshire, Roxburgh and Selkirk) shows that the former MSP and “non-practising solicitor”, has declared no earning streams outwith his £76,001 annual salary as an MP.

However, the register reveals a number of donations “linked to an MP, but received by a local party organisation or indirectly via a central party organisation” which Mr Lamont registered on June 26.

His gift list includes £2,000 from Neil Record, a member of the campaigning arm of the Global Warming Policy Foundation, which is chaired by Lord (Nigel Lawson), and £2,000 from Andrew Heller, former chairman of Conservative Friends of Israel (CFOI).

Further donations of £2,000 are attributed to Mary Coltman of Haystoun Estate, Peebles and Ladykirk Estates Ltd of Kelso, while £5,000 has come from a donor named Alison Salveson.

Mr Lamont has also registered £2,000 from the CFOI as an estimate of the value, in flights and accommodation, of leading a fact-finding delegation of Conservative MSPs to Israel and the occupied West Bank last year.