Regulations last checked for updates: Nov 22, 2024

Title 16 - Commercial Practices last revised: Nov 20, 2024
§ 1027.9 - Refunds.

(a) CPSC will promptly refund to an employee any amounts deducted to satisfy debts owed to CPSC when the debt is waived, found not owed to CPSC, or when directed by an administrative or judicial order.

(b) Another creditor agency will promptly return to CPSC any amounts deducted by CPSC to satisfy debts owed to the creditor agency when the debt is waived, found not owed, or when directed by an administrative or judicial order.

(c) Unless required by law, refunds under this paragraph shall not bear interest.

authority: 5 U.S.C. 5514,E.O. 11809 (redesignated E.O. 12107), and 5 CFR part 550, subpart K
source: 55 FR 34904, Aug. 27, 1990, unless otherwise noted.
cite as: 16 CFR 1027.9