The club confirmed that Diamond faces two charges of conduct prejudicial to the interests of the union and/or the game, in contravention of rule 5.12 of the RFU's rulebook, stemming from a touchline incident during September 23's Aviva Premiership clash with Northampton Saints.
Sharks chief executive Mick Hogan said: "We have already conducted an internal investigation into the incident which occurred on the touchline during the first half of the game.
"Following the investigation, Steve has accepted a club sanction for his behaviour. The RFU have been informed of the sanction, that will otherwise remain private and confidential. The club and Steve have no further comment until the hearing on Tuesday."
Gilbert has released a new line of rugby cleats. The Gilbert Virtuo 8S is part of the exciting new product. Check it out.
The entire All Blacks apparel line has been updated for 2013/14. Check out the New Zealand All Blacks polo.
The Nike Tiempo is a solid rugby cleat and one of few styles still made from full-grain natural leather.
The Gilbert Blitz 8S rugby cleat is a great cleat at a great price of $69.99. Get a new pair of cleats today.
A cool looking all black rugby cleat with the high performance adidas is known for. Get in the Gear!
Wear the crest of the British and Irish Lions on your t-shirt. A great look for the summer.
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The All Blacks Performance t-shirt is black with hints of blue from the training jersey. Very Cool.
The New Zealand All Blacks training jersey for 2013/14. Get in the Gear!
The USA Rugby Pro Alternate rugby jersey is perfect for any fan of the Eagles. Get yours to wear during the summer Test matches.
The NEW All Blacks 2013/14 jersey has arrived at World Rugby Shop. Dare to wear the colors of the All Blacks.