§1150.24. Under what conditions will the Endowment make a refund of amounts collected by salary offset?

45 C.F.R. § 1150.24

(a)

If the Endowment is the creditor agency, it will promptly refund any amount deducted under the authority of 5 U.S.C. 5514, when:

(1)

The debt is waived or all or part of the funds deducted are otherwise found not to be owed (unless expressly prohibited by statute or regulation); or

(2)

An administrative or judicial order directs the Endowment to make a refund.

(b)

Unless required or permitted by law or contract, refunds under this section will not bear interest.

Notes, amendments, and revision history

Authority: 31 U.S.C. 3711, 3716-3718, 3720A; 5 U.S.C. 5514.

Source: 65 FR 37486, June 15, 2000, unless otherwise noted.