Definitions.

CFR · 2024-01-01 · US · Title 12

Except where the context clearly indicates otherwise or where the term is defined elsewhere in this subpart, the following definitions shall apply to this subpart. (a) Administrative offset, as defined in 31 U.S.C. 3701(a)(1), means withholding money payable by the United States government to, or held by the government for, a person to satisfy a debt the person owes the government. (b) Agency means a department, agency, or instrumentality in the Executive, Judicial, or Legislative branch of the government. (c) Claim or debt means money or property owed by a person or entity to an agency of the federal government. A “claim” or “debt” includes amounts due the government, fees, services, overpayments, penalties, damages, interest, fines and forfeitures. For purposes of this part, a debt owed to NCUA constitutes a debt owed to the federal government. (d) Claim certification means a creditor agency's written request to a paying agency to effect an administrative or salary offset. (e) Creditor agency means an agency to which a claim or debt is owed. (f) Debtor means the person or entity owing money to the federal government. (g) Disposable pay means that part of current basic pay or other authorized pay remaining after the deduction of any amount required by law to be withheld. NCUA shall allow the deductions described in 5 CFR 581.105(b) through (f). (h) Employee means a current employee of NCUA or another agency. (i) FCCS means the Federal Claims Collection Standards published in

official document · source cfr-2024 · id 12:§ 797.3