[Code of Federal Regulations] [Title 20, Volume 2] [Revised as of April 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 20CFR436.115] [Page 1136] TITLE 20--EMPLOYEES' BENEFITS CHAPTER III--SOCIAL SECURITY ADMINISTRATION PART 436_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)--Table of Contents Subpart A_General Sec. 436.115 How does an exclusion restrict a person's involvement in covered transactions? With the exceptions stated in Sec. Sec. 436.120, 436.315, and 436.420, a person who is excluded by the SSA or any other Federal agency may not: (a) Be a participant in an SSA 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.