22 CFR 1508.420
§ 1508.420 May I approve a transaction with an excluded or disqualified person at a lower tier?
United States · 22 CFR — Foreign Relations · Status: effective
Cite this
- Citation
- 22 CFR 1508.420, § 1508.420 May I approve a transaction with an excluded or disqualified person at a lower tier?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/96250
- Permanent ID
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b148d841d22062be108c0e24e67350c6424f7ac3a8cd482c771e8a51c1946187
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Full text
If a transaction at a lower tier is subject to your approval, you as an agency official may not approve—
(a) A covered transaction with a person who is currently excluded, unless you obtain an exception under § 1508.120; or
(b) A 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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.