PART 2E+WBENEFITS FOR OFFICERS

CHAPTER 2.JE+WMISCELLANEOUS AND SUPPLEMENTARY PROVISIONS

Prohibition on assignment or charging of benefitsE+W

2.J.13    Prohibition on assignment or charging of benefitsE+W

(1) Any assignment of, or charge on, or any agreement to assign or charge, any right to a benefit under [F1this Section of] the Scheme is void.

(2) On the bankruptcy of any person entitled to a benefit under [F1this Section of] 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 1986(1) (income payments orders).

(1)

1986 c. 45. Section 310 is amended by paragraph 15 of Schedule 3 to the Pensions Act 1995 (c.26), paragraph 2 of Schedule 2 to the Welfare Reform and Pensions Act 1999 (c.30) and section 259 of the Enterprise Act 2002 (c.40)