1404.115—How does an exclusion restrict a person's involvement in covered transactions?
               		
               	 	
               	 	
               	 	               	 	               	 	               	 	               	 	
               	 	
    
         With the exceptions stated in  §§ 1404.120, 1404.315, and 1404.420, a person who is excluded by the Office of National Drug Control Policy or any other Federal agency may not:
     
    
        
        (a) 
         Be a participant in a(n) Office of National Drug Control Policy 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
     
    
        
        (c) 
         Act as a principal of a person participating in one of those covered transactions.