2906

(a) The Authority’s personnel is hereby exempted from the provisions of Act Number 5 of October 14, 1975, known as the 'Puerto Rico Public Service Personnel Act'. All appointments, severances, promotions, transfers, lay-offs, replacements, suspensions, leaves, and changes in classification, remuneration, or title of the officers and employees of the Authority shall be executed and allowed pursuant to the standards and regulations prescribed by the board, which must conform to the principles of merit established in the Puerto Rico Public Service Personnel Act.\n(b) The Authority’s executive director and the officers and employees shall be entitled to reimbursement for all necessary travel expenses, or to the corresponding per diems, which may be authorized or approved in accordance with the regulations adopted by the board for the Authority.\n(c) Persons who have a direct or indirect financial interest in any private company engaged in the maritime or port operation business may not hold office as an officer, employee, or agent of the Authority.\nHistory —Aug. 11, 2002, No. 171, § 7.