(a) You as an agency official may not enter into a covered transaction with an excluded person unless you obtain an exception under § 1508.120.
(b) You may not enter into any transaction with a person who is disqualified from that transaction, unless you obtain a waiver or exception under the statute, Executive order, or regulation that is the basis for the person's disqualification.
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 1508.400