22 C.F.R. § 1006.420

May I approve a transaction with an excluded or disqualified person at a lower tier?

Last amended: 2016Year: 2026Length: 74 wordsSubsections: 2Official source

Cite as 22 C.F.R. § 1006.420 (2026)

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 § 1006.120; 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.
Cross-references to the CFR
1006.120
22 C.F.R. § 1006.420: May I approve a transaction with an excluded or disqualified person at a lower tier? | Justis AI