[Code of Federal Regulations]
[Title 14, Volume 5]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 14CFR1261.501]

[Page 356]
 
                     TITLE 14--AERONAUTICS AND SPACE
 
                   CHAPTER V--NATIONAL AERONAUTICS AND
                          SPACE ADMINISTRATION
 
PART 1261_PROCESSING OF MONETARY CLAIMS (GENERAL)--Table of Contents
 
             Subpart 1261.5_Administrative Offset of Claims
 
Sec.  1261.501  Definition.

    Administrative offset--the term, 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.''