Code of Federal Regulations · Section
§ 1.120 — Purpose
16 C.F.R. § 1.120
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This subpart establishes procedures for the Commission's referral of past-due legally enforceable debts to the Department of the Treasury's Bureau of the Fiscal Service (Fiscal Service) for offset against the tax refund payments of the debtor, consistent with applicable Fiscal Service regulations and definitions set forth in 31 CFR 285.2 and 285.5.
Authorizing Statute
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Administrative offset31 U.S.C. § 3716
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Definitions5 U.S.C. § 601
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Additional powers of Commission15 U.S.C. § 46
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Unfair or deceptive acts or practices rulemaking proceedings15 U.S.C. § 57a