Canadian Forces Superannuation Act
Marginal note:Benefits not assignable, etc.
14 Subject to Part II of the Garnishment, Attachment and Pension Diversion Act and to the Pension Benefits Division Act,
(a) a benefit under this Part, Part I.1 or Part III is not capable of being assigned, charged, anticipated or given as security and any transaction that purports to assign, charge, anticipate or give as security any such benefit is null and void;
(b) a benefit to which a contributor, survivor or child is entitled under this Part, Part I.1 or Part III is not capable of being surrendered or commuted during the lifetime of that person except under section 24.1 or subsection 29(3) or under regulations made under section 59.1, and any other transaction that purports to so surrender or commute any such benefit is null and void; and
(c) a benefit under this Part, Part I.1 or Part III is exempt from attachment, seizure and execution, either at law or in equity.
- R.S., 1985, c. C-17, s. 14
- 1992, c. 46, s. 39
- 1999, c. 34, s. 126
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