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Young, who has protested his innocence, tested positive for nandrolone before the Olympics, but was exonerated by a USA Track and Field doping appeals board and allowed to compete in Sydney.
He did not run in the final, but was involved in the first round and semi-final.
The Court of Arbitration for Sport recently ruled that the 400m world champion should have been banned for two years, and should also lose his gold medal because of the positive dope test.
IAAF spokesman Nick Davies said the IAAF council had decided that any such ban should also have applied to relay running.