§ 2506.24 - Under what conditions will the Corporation make a refund of amounts collected by salary offset?  


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

    (a) 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

    (b) An administrative or judicial order directs the Corporation to make a refund.

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