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22 CFR 1508.115

§ 1508.115 How does an exclusion restrict a person's involvement in covered transactions?

United States · 22 CFR — Foreign Relations · Status: effective

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22 CFR 1508.115, § 1508.115 How does an exclusion restrict a person's involvement in covered transactions?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/96216
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Full text

With the exceptions stated in §§ 1508.120, 1508.315, and 1508.420, a person who is excluded by the African Development Foundation or any other Federal agency may not: (a) Be a participant in a(n) ADF transaction that is a covered transaction under subpart B of this part; (b) Be a participant in a transaction of any other Federal agency that is a covered transaction under that agency's regulation for debarment and suspension; or (c) Act as a principal of a person participating in one of those covered transactions.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.