§ 1073.310 Refunds.
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Title 12 CFR: Banks and Banking › Chapter X: CONSUMER FINANCIAL PROTECTION BUREAU › Part 1073: PROCEDURES FOR BUREAU DEBT COLLECTION › Subpart C: Salary Offset › § 1073.310: § 1073.310 Refunds.
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(a) Where the Bureau is the creditor agency, it shall promptly refund any amount deducted under the authority of 5 U.S.C. 5514 when the debt is waived or otherwise found not to be owing to the United States (unless expressly prohibited by statute or regulation), or when an administrative or judicial order directs the Bureau to refund amounts deducted from the employee's current pay.
(b) Unless required by law or contract, such refunds shall not bear interest.
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