BENEFITS INALIENABLE. 10.1 The benefits provided for by the Funds/Schemes 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/Schemes in respect of members and their dependants may be terminated by the Council or Board of Trustees: Provided that a member’s Provident Fund benefits may, with the approval of the Board of Trustees and the Financial Services Conduct Authority as the case may be, be transferred to another registered, recognised provident/pension fund.
10.2 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 in terms of section 37D of the Pension Funds Act, 1956 (Act 24 of 1956)(as amended).
BENEFITS INALIENABLE. 8.1 The benefits provided for by the Fund(s) referred to in this Chapter shall not be transferable and any member who attempts to assign, transfer, pledge or hypothecate his rights shall forthwith cease to be entitled to any benefits whatsoever, and membership of the Fund(s) in respect of himself and his dependants shall be terminated.
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, nor shall any contribution made by a member or on his behalf be liable to be attached or be subject to any form of execution under a judgement or an order of a court of law.
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.
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 Save as provided in clause 8.3, 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.
8.3 On receipt of written proof from the trade unions which are parties to this Agreement that a member of the trade union is, in terms of the provisions of the trade union’s constitution, indebted to the trade union for any outstanding subscriptions and/or fines, the Council shall have the right to deduct such amount(s) from the member’s own contributions and pay such amount(s) to the trade union concerned.
