[Code of Federal Regulations]

[Title 32, Volume 1]

[Revised as of July 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 32CFR25.365]



[Page 114]

 

                       TITLE 32--NATIONAL DEFENSE

 

              CHAPTER I--OFFICE OF THE SECRETARY OF DEFENSE

 

PART 25_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)--Table 

of Contents

 

    Subpart C_Responsibilities of Participants Regarding Transactions

 

Sec.  25.365  What must I do if I learn of information required under 

Sec.  25.355 after entering into a covered transaction with a higher 

tier participant?



    At any time after you enter into a lower tier covered transaction 

with a person at a higher tier, you must provide immediate written 

notice to that person if you learn either that--

    (a) You failed to disclose information earlier, as required by Sec.  

25.355; or

    (b) Due to changed circumstances, you or any of the principals for 

the transaction now meet any of the criteria in Sec.  25.355.