(a) Appointments, removals, promotions, transfers, terminations, reinstatements, layoffs, leaves and changes in position, compensation or title of the officers and employees of the Authority will be made and allowed as provided by the norms and regulations prescribed by the Board, which must be in conformity with the merit principles established in Act No. 5 of October 14, 1975, known as the Public Service Personnel Act of Puerto Rico. The Executive Director and the Authority’s officers and employees shall be entitled to reimbursement of necessary travel expenses, or in lieu of them, to the corresponding per diem as authorized or approved in accordance with the regulations adopted by the Board for the Authority. The officials and employees of any board, commission, agency or department of the Commonwealth of Puerto Rico who are appointed by the Authority and who prior to such an appointment were beneficiaries of any savings and loan fund system, shall continue to have after such appointment, the rights, privileges, obligations and status, with respect thereto that are prescribed by law for the officers and employees who hold similar positions in the Government of the Commonwealth of Puerto Rico, unless within a term of six (6) months after such an appointment said officers and employees or any of them, indicate an intention to relinquish them.
(b) No person who has a direct or indirect economic interest in any private industry engaged in the transportation business, or any business whose principal activities are auxiliary to it, shall hold office as an officer, employee or agent of the Authority.
History —May 7, 1942, No. 125, p. 710, § 7; May 14, 1952, No. 463, p. 976, § 6; Aug. 17, 1989, No. 65, p. 270, § 6, eff. 90 days after Aug. 17, 1989.