§ 511.735-42

Information not required. This section does not require an employee to submit on a statement of employment and financial interests or supplementary statement any information relating to the employee's connection with, or interest in, a professional society or a charitable, religious, social, fraternal, recreational, public service, civic, or political organization or similar organization not conducted as a business enterprise. For the purpose of this section, educational and other institutions doing research and development or related work involving grants of money from or contracts with the Agency are deemed "business enterprises" and are required to be included in an employee's statement of employment and financial interests.

§ 511.735-44 Specific provisions of Agency regulations for special Government employees.

(a) Except as provided in paragraph (b) of this section, each special Government employee shall submit on Form 511B a statement of employment and financial interests which reports:

(1) All other employment; and

(2) The financial interest of the special Government employee which are determined to be relevant in the light of the duties he is to perform.

(b) The Board may waive the requirement in paragraph (a) of this section for the submission of a statement of employment and financial interests in the case of a special Government employee who is not a consultant or an expert when the Agency finds that the duties of the position held by that special Government employee are of a nature and at such a level of responsibility that the submission of the statement by the incumbent is not necessary to protect the integrity of the Agency and the Government. For the purpose of this paragraph, "consultant" and "expert" have the meaning given those terms by Chapter 304 of the Federal Personnel Manual, but do not include a physician, dentist, or allied medical specialist whose services are procured to provide care and service to patients.

(c) The statement of employment and financial interests required to be submitted under this section shall be submitted in accordance with the provisions of § 511.735-35. Supplemental information, as required, shall be filed on Form 511B. The provisions of §§ 511.735-40, 511.735-41, 511.735-42 and 511.735-43 shall apply to statements of employment and financial interest of special Government employees, where appropriate. [31 F.R. 4277, Mar. 11, 1966, as amended at 32 F.R. 14817, Oct. 26, 1967]

Subpart E-Reporting Conflicts-Disciplinary or Remedial Action-Miscellaneous Statutory Provisions

§ 511.735-50 Reporting unresolved conflicts of interest.

When conflicts of interest or other violations or apparent violations of this part

cannot be resolved or explained to the satisfaction of the designated Board Member, the Board Member shall report the matter to the Chairman of the Board through the Counselor for the Agency. § 511.735-51 Opportunity to be heard. The employee or special Government employee concerned shall be given opportunity to explain such conflicts of interest before the matter is reported to the Chairman of the Board.

§ 511.735-52 Action by the Chairman.

The Chairman of the Board, after consideration of the matter and after an opportunity for the employee or special Government employee concerned to appear, shall decide what steps are to be taken to remedy the situation. Among other steps, the Chairman of the Board may:

(a) Attempt to remove any conflict of interest by requiring a change in duties, disqualification for a particular assignment, or divestment of the conflicting interest by the employee or special Government employee;

(b) Take other corrective action; or (c) Where corrective actions are inadequate, impose disciplinary action. § 511.735-53 Violations of this part cause for disciplinary action.

A violation of the regulations contained in this part by an employee or special Government employee may be cause for appropriate disciplinary action which may be in addition to any penalty prescribed by law.

§ 511.735-54

Remedial action to be effected in accordance with law and regulation.

Remedial action, whether disciplinary or otherwise, shall be effected in accordance with any applicable laws, executive orders, and regulations.

§ 511.735-55 Miscellaneous statutory provisions.

Each employee and each special Government employee shall acquaint himself with each statute that relates to his ethical and other conduct while an employee of the Agency. In particular, the following statutes shall be noted:

(a) House Concurrent Resolution 175, 85th Congress, 2d Session, 72 Stat. B12, the "Code of Ethics for Government Service."

(b) Chapter 11 of Title 18, United States Code, relating to bribery, graft, and conflicts of interest.

(c) The prohibition against lobbying with appropriated funds (18 U.S.C. 1913) ($500 fine and/or 1 year in prison and removal from employment).

(d) The prohibitions against disloyalty and striking (5 U.S.C. 7311, 18 U.S.C. 1918) ($1,000 fine and/or 1 year and 1 day in prison).

(e) The prohibition against the employment of a member of a Communist organization (50 U.S.C. 784).

(f) The prohibitions against (1) the disclosure of classified information (18 U.S.C. 798, 50 U.S.C. 783) ($10,000 fine and/or 10 years in prison); and (2) the disclosure of confidential information (18 U.S.C. 1905) ($1,000 fine and/or 1 year in prison, and removal from employment).

(g) The provision relating to the habitual use of intoxicants to excess (5 U.S.C. 7352) (ineligibility for many positions).

(h) The prohibition against the misuse of a Government vehicle (suspension from duty or removal from employment). (31 U.S.C. 638a(c)).

(i) The prohibition against the misuse of the franking privilege (18 U.S.C. 1719) ($300 fine).

(j) The prohibition against the use of deceit in an examination or personnel action in connection with Government employment (18 U.S.C. 1917) ($1,000 fine and/or 1 year in prison).

(k) The prohibition against fraud or false statements in a Government matter (18 U.S.C. 1001) ($10,000 fine and/or 5 years in prison).

(1) The prohibition against mutilating or destroying a public record (18 U.S.C. 2071) ($2,000 fine and/or 3 years in prison).

(m) The prohibition against counterfeiting and forging transportation requests (18 U.S.C. 508) ($5,000 fine and/ or 10 years in prison).

(n) The prohibition against (1) embezzlement of Government money or property (18 U.S.C. 641); (2) failing to account for public money (18 U.S.C. 643); and (3) embezzlement of the money or property of another person in the possession of an employee by reason of his employment (18 U.S.C. 654) (fines from

The term "Board" means the Federal Home Loan Bank Board or one or more of its officials who has been duly authorized by the Federal Home Loan Bank Board to act in its behalf.

§ 521.4 Creditor liabilities.

The term "creditor liabilities" means every form of obligation or debt, secured or unsecured, including deposits, investment certificates, certificates of indebtedness, and all taxes, which the member is directly obligated to pay.

§ 521.5 Deposits in banks or trust companies.

The term "deposits in banks or trust companies" includes a checking account maintained by a Federal Home Loan Bank with the Treasurer of the United States, or a deposit in another Federal Home Loan Bank.

§ 521.6 Home mortgage.

The term "home mortgage" means a mortgage upon real estate in fee simple, or on a leasehold (a) under a lease for not less than 99 years which is renewable or (b) under a lease for not less than 50 years to run from the date the mortgage was executed, upon which is located, or which comprises or includes, one or more homes or other dwelling units, and includes, in addition to first mortgages, real estate sales contracts and such other classes of first liens as are commonly given to secure advances on real estate by institutions authorized under the act to become members under the laws of the State in which the real estate is located, together with the credit instruments, if any, secured thereby.

(Secs. 2, 10, 47 Stat. 725, as amended, 731, as amended; 12 U.S.C. 1422, 1430) [28 F.R. 4838, May 15, 1963]

§ 521.6-1 Home.

The term "home" means a structure designed for residential use for one family.

(Secs. 2, 10, 47 Stat. 725, as amended, 731, as amended; 12 U.S.C. 1422, 1430) [28 F.R. 4838, May 15, 1963]

§ 521.6-2 Other dwelling unit.

The term "other dwelling unit" means a single combination of rooms suitable for a family, in a structure designed primarily for residential use that is not a home as defined in § 521.6-1. (Secs. 2, 10, 47 Stat. 725, as amended, 731, as amended; 12 U.S.C. 1422, 1430) [28 F.R. 4838, May 15, 1963]