If a transaction at a lower tier is subject to your approval, you as an agency official may not approve—

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In 31 CFR 19.420

  • Statute: A law passed by a legislature.

(a) A covered transaction with a person who is currently excluded, unless you obtain an exception under § 19.120; 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.