§1508.115. How does an exclusion restrict a person's involvement in covered transactions?
22 C.F.R. § 1508.115
With the exceptions stated in §§ 1508.120, 1508.315, and 1508.420, a person who is excluded by the African Development Foundation or any other Federal agency may not:
Be a participant in a(n) ADF transaction that is a covered transaction under subpart B of this part;
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
Act as a principal of a person participating in one of those covered transactions.
Notes, amendments, and revision history
Authority
Authority: Sec. 2455, Pub.L. 103-355, 108 Stat. 3327; E.O. 12549, 3CFR, 1986 Comp., p.89; E.O. 12689, 3CFR, 1989 Comp., p. 235.
Source
Source: 68 FR 66590, 66592, Nov. 26, 2003, unless otherwise noted.