(a) You as an agency official may not enter into a covered transaction with an excluded person unless you obtain an exception under § 19.120.

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Terms Used In 31 CFR 19.400

  • Statute: A law passed by a legislature.

(b) You may not enter into any 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.