PART 2BENEFITS FOR OFFICERS

CHAPTER 2.JMISCELLANEOUS AND SUPPLEMENTARY PROVISIONS

Prohibition on assignment or charging of benefits

Prohibition on assignment or charging of benefits2.J.12

1

Any assignment of, or charge on, or any agreement to assign or charge, any right to a benefit under the scheme is void.

2

On the bankruptcy or sequestration of any person entitled to a benefit under the scheme, no part of the benefit may be paid to the person’s trustee in bankruptcy or other person acting on behalf of the creditors, except in accordance with an order under section 310 of the Insolvency Act 198680 (income payments orders).