[Code of Federal Regulations] [Title 22, Volume 2] [Revised as of April 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 22CFR1508.305] [Page 482] TITLE 22--FOREIGN RELATIONS CHAPTER XV--AFRICAN DEVELOPMENT FOUNDATION PART 1508_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT) --Table of Contents Subpart C_Responsibilities of Participants Regarding Transactions Sec. 1508.305 May I enter into a covered transaction with an excluded or disqualified person? (a) You as a participant may not enter into a covered transaction with an excluded person, unless the African Development Foundation grants an exception under Sec. 1508.120. (b) You may not enter into any transaction with a person who is disqualified from that transaction, unless you have obtained an exception under the disqualifying statute, Executive order, or regulation. [[Page 483]]