Restriction on alienation, attachment etc. of interest of members in the Fund

(1)The interest or the right of a member of the Fund or his nominee or legal heirs to receive anyamount from the Fund, shall not be assigned, alienated or charged and shall not be liable toattachment under any decree or order of any court, tribunal or other authority.

1. (2) No creditor shall be entitled to proceed against the Fund or the interest therein of anymember of the Fund or his nominee or legal heirs. Explanation.—For the purpose of this section, “creditor” includes the State, or any official assignee or official receiver appointed, under the law relating to insolvency for the time being inforce.