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§919.425 — When do I check to see if a person is excluded or disqualified?

As an agency official, you must check to see if a person is excluded or disqualified before you —

 
(a)
Enter into a primary tier covered transaction;
 
(b)
Approve a principal in a primary tier covered transaction;
 
(c)
Approve a lower tier participant if agency approval of the lower tier participant is required; or
 
(d)
Approve a principal in connection with a lower tier transaction if agency approval of the principal is required.

   Reason: