§1508.435. What must I require of a primary tier participant?
22 C.F.R. § 1508.435
You as an agency official must require each participant in a primary tier covered transaction to—
Comply with subpart C of this part as a condition of participation in the transaction; and
Communicate the requirement to comply with Subpart C of this part to persons at the next lower tier with whom the primary tier participant enters into 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.