§1.120. Purpose.
16 C.F.R. § 1.120
This subpart establishes procedures for the Commission's referral of past-due legally enforceable debts to the Department of the Treasury's Bureau of the Fiscal Service (Fiscal Service) for offset against the tax refund payments of the debtor, consistent with applicable Fiscal Service regulations and definitions set forth in 31 CFR 285.2 and 285.5.
Notes, amendments, and revision history
Authority
Authority: 31 U.S.C. 3716 and 3720A, 31 CFR 285.2(c).
Source
Source: 81 FR 2742, Jan. 19, 2016, unless otherwise noted.
Authority
Authority: 15 U.S.C. 46; 15 U.S.C. 57a; 5 U.S.C. 552; 5 U.S.C. 601 note.
Source
Source: 32 FR 8444, June 13, 1967, unless otherwise noted.