---
kind: "section"
citation: "17 C.F.R. § 204.42"
title: "17"
number: "204.42"
heading: "Refunds."
url: "https://uscodex.org/cfr/17/204.42"
---

# §204.42. Refunds.

- (a) The Commission will refund promptly to the appropriate individual amounts offset under this regulation when:
  - (1) A debt is waived or otherwise found not owing the United States (unless expressly prohibited by statute or regulation); or
  - (2) The Commission is directed by an administrative or judicial order to refund amounts deducted from the employee's current pay.
- (b) **Refunds do not bear interest unless required or permitted by law or contract.**

## Notes

### Authority

Authority: 5 U.S.C. 5514, 5 CFR 550.1104.

### Source

Source: 58 FR 38520, July 19, 1993, unless otherwise noted.