12 C.F.R. § 1408.35

Current through September 30, 2024
Section 1408.35 - Purpose

The purpose of this subpart is to implement section 5 of the Debt Collection Act of 1982 (Pub. L. 97-365 (5 U.S.C. 5514 ) ), which authorizes the collection of debts owed by Federal employees to the Federal Government by means of salary offsets. These regulations provide procedures for the collection of a debt owed to the Government by the imposition of a salary offset against amounts payable to a Federal employee as salary. These regulations are consistent with the regulations on salary offset published by the Office of Personnel Management, codified in 5 CFR part 550 , subpart K. Since salary offset is a type of administrative offset, the requirements of subpart B also apply to salary offsets.

12 C.F.R. §1408.35