[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]]