22 CFR 1508.120 - May we grant an exception to let an excluded person participate in a covered transaction?

Regulations last checked for updates: May 16, 2024

Title 22 - Foreign Relations last revised: May 13, 2024

View all text of Subpart A [§ 1508.100 - § 1508.145]

§ 1508.120 - May we grant an exception to let an excluded person participate in a covered transaction?

(a) The ADF President may grant an exception permitting an excluded person to participate in a particular covered transaction. If the ADF President grants an exception, the exception must be in writing and state the reason(s) for deviating from the governmentwide policy in Executive Order 12549.

(b) An exception granted by one agency for an excluded person does not extend to the covered transactions of another agency.

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: 68 FR 66590, 66592, Nov. 26, 2003, unless otherwise noted.

cite as: 22 CFR 1508.120