---
kind: "section"
citation: "22 C.F.R. § 1006.200"
title: "22"
number: "1006.200"
heading: "What is a covered transaction?"
url: "https://uscodex.org/cfr/22/1006.200"
---

# §1006.200. What is a covered transaction?


A covered transaction is a nonprocurement or procurement transaction that is subject to the prohibitions of this part. It may be a transaction at—

- (a) The primary tier, between a Federal agency and a person (see appendix to this part); or
- (b) **A lower tier, between a participant in a covered transaction and another person.**

## 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.