---
kind: "section"
citation: "22 C.F.R. § 1006.115"
title: "22"
number: "1006.115"
heading: "How does an exclusion restrict a person's involvement in covered transactions?"
url: "https://uscodex.org/cfr/22/1006.115"
---

# §1006.115. How does an exclusion restrict a person's involvement in covered transactions?


With the exceptions stated in §§ [1006.120](/cfr/22/1006.120.md), [1006.315](/cfr/22/1006.315.md), and [1006.420](/cfr/22/1006.420.md), a person who is excluded by the Inter-American Foundation or any other Federal agency may not:

- (a) Be a participant in a(n) Inter-American Foundation transaction that is a covered transaction under [subpart B](/cfr/22/subpartB.md) of this part;
- (b) Be a participant in a transaction of any other Federal agency that is a covered transaction under that agency's regulation for debarment and suspension; or
- (c) **Act as a principal of a person participating in one of those covered transactions.**

## Notes

### Authority

Authority: Sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); E.O. 12549, 3 CFR, 1986 Comp., p. 189; E.O. 12689, 3 CFR, 1989 Comp., p. 235.