§1471.330. What requirements must I pass down to persons at lower tiers with whom I intend to do business?
29 C.F.R. § 1471.330
Before entering into a covered transaction with a participant at the next lower tier, you must require that participant to—
Comply with this subpart as a condition of participation in the transaction. You may do so using any method(s), unless § 1471.440 requires you to use specific methods.
Pass the requirement to comply with this subpart to each person with whom the participant enters into a covered transaction at the next lower tier.
Notes, amendments, and revision history
Authority
Authority: E.O. 12549 ,3 CFR 1986 Comp., p. 189; E.O. 12698, 3 CFR 1989 Comp., p. 235; sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); 29 U.S.C. 175a.
Source
Source: 68 FR 66544, 66603, 66604, Nov. 26, 2003, unless otherwise noted.