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Cap. 514 · cap/514 (Cap. 514)

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

PART V

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(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.