Code of Federal Regulations (alpha)

CFR /  Title 29  /  Part 1471  /  Sec. 1471.435 What must I require of a primary tier participant?

You as an agency official must require each participant in a primary tier covered transaction to--

(a) Comply with subpart C of this part as a condition of participation in the transaction; and

(b) Communicate the requirement to comply with subpart C of this part to persons at the next lower tier with whom the primary tier participant enters into covered transactions.