Cap. 601 Art. 8Misconduct in financial management.  S.L. Const. 03.

(1) A public employee shall have been deemed to commit an act of misconduct in financial management if such employee, wilfully or negligently, fails to fulfil those duties and responsibilities assigned by or under the Act.

(2) Wilful or negligent acts of misconduct in financial management include:

(a) non-compliance with the financial management regulations;

(b) acting with dishonesty, lack of fidelity and integrity in the management of the financial affairs of the public entities concerned;

(c) using the position or privileges, or confidential information obtained in such position, for personal gain or to improperly benefit another person;

(d) the failure to take immediate action against any person, who falls under his immediate supervision, and acts in breach of the financial management regulations and internal control procedures established by the public entities concerned.

(3) Disciplinary proceedings for misconduct in financial management shall be regulated by the Public Service Commission Disciplinary Regulations or such disciplinary rules and procedures as may apply.