31 CFR 19.450 - What action may I take if a primary tier participant fails to disclose the information required under § 19.335?

Regulations last checked for updates: May 02, 2024

Title 31 - Money and Finance: Treasury last revised: Apr 17, 2024

View all text of Subpart D [§ 19.400 - § 19.455]

§ 19.450 - What action may I take if a primary tier participant fails to disclose the information required under § 19.335?

If you as an agency official determine that a participant failed to disclose information, as required by § 19.335, at the time it entered into a covered transaction with you, you may—

(a) Terminate the transaction for material failure to comply with the terms and conditions of the transaction; or

(b) Pursue any other available remedies, including suspension and debarment.

authority: Sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); E.O. 11738 (3 CFR, 1973 Comp., p. 799); E.O. 12549 (3 CFR, 1986 Comp., p. 189); E.O. 12689 (3 CFR, 1989 Comp., p. 235)

source: 68 FR 66544, 66605, 66607, Nov. 26, 2003, unless otherwise noted.

cite as: 31 CFR 19.450