BENEFITS INALIENABLE. 8.1 The benefits provided for by the Funds referred to in this chapter shall not be transferable and any member who attempts to assign, transfer, pledge or hypothecate his rights may forthwith cease to be entitled to any benefits whatsoever, and membership of the Funds in respect of himself and his dependants may be terminated by the Council: Provided that a member’s Provident Fund benefits may, with the approval of the Council, be transferred to another registered, recognised provident/pension fund. 8.2 No benefit or right to any benefit shall be capable of being ceded, transferred, assigned or otherwise made over, or pledged or hypothecated. No contributions made by a member or on his behalf shall be liable to be attached or be subject to any form of execution under a judgement or order of a court of law except to any other Fund administered by the Council.
Appears in 4 contracts
Sources: Collective Agreement, Collective Agreement, Collective Agreement