SADC Financial Regulations Effective 1 April 2013 Regulation  25  -­‐  Financial  Misconduct  by  SADC  Officials   1. The Accounting Officer, or any member of Management commits an act of financial misconduct if he/she deliberately or negligently: a) contravenes a provision of the financial management regulations or procedures; b) fails to comply with a duty imposed on the Accounting Officer by a provision of the financial management regulations or procedures; c) fails to exercise due care when exercising powers of delegation; d) makes, or permits, or instructs another SADC official to make, an unauthorised, irregular or fruitless and wasteful expenditure; or e) provides incorrect or misleading information in any document which in terms of the financial management regulations or procedures shall be: (i) submitted to the Council, Chairperson of Council, Committee of Council, Board of Auditors; or (ii) made public (on the SADC web site). 2. The DBF commits an act of financial misconduct if that officer deliberately or negligently: a) contravenes a provision of the financial management regulations or procedures; b) fails to comply with a duty imposed on the DBF by a provision of the financial management regulations or procedures including a delegated duty as contained in the delegations register; c) fails to exercise due care when exercising powers of delegation; d) makes, or permits, or instructs another SADC official to make, an unauthorised, irregular or fruitless and wasteful expenditure; or e) provides incorrect or misleading information to the Accounting Officer. 3. A Controlling Officer or any other official exercising financial management responsibilities and to whom a power or duty was delegated in terms of the financial management regulations, commits an act of financial misconduct if that official deliberately or negligently: a) fails to carry out the delegated duty; b) contravenes or fails to comply with a condition of the delegated power or duty; Page 38 of 100