Law library and case analysis · Austria · Belgium · European Union
LAWxPERT Sign in Free account

Cap. 514 · Retirement Pensions Act (Cap. 514)

Cap. 514 Art. 24Assignment or attachment of retirement scheme assets. Cap. 16.

PART V

In forceOfficial text

(1) The creditors of a contributor may not enforce their rights over the contributor’s interest in the retirement scheme; nor may such creditors attach or subject such interest to any precautionary or executive warrant: Provided that nothing in this sub-article shall be deemed to deprive any creditor of such contributor of any rights granted to a creditor under article 1144 of the Civil Code.

(2) Except as may be prescribed under this Act, every agreement that is made by a contributor to transfer, dispose of, pledge or otherwise charge his interest in the retirement scheme shall be void.