15 C.F.R. § 26.115   How does an exclusion restrict a person's involvement in covered transactions?


Title 15 - Commerce and Foreign Trade


Title 15: Commerce and Foreign Trade
PART 26—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart A—General

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

With the exceptions stated in §§26.120, 26.315, and 26.420, a person who is excluded by the Department of Commerce or any other Federal agency may not:

(a) Be a participant in a(n) DoC 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.

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