19.115—How does an exclusion restrict a person's involvement in covered transactions?
With the exceptions stated in §§ 19.120 ,
19.315, and 19.420, a person who is excluded by
the Department of the Treasury or any other
Federal agency may not:
(a)
Be a participant in a(n) Department of the
Treasury transaction that is a covered transaction
under subpart B of this part;
(b)
Be a participant in a transaction of any
other Federal agency that is a covered transaction
under that agency's regulation for debarment and
suspension; or