49Benefits are inalienable

49 Benefits are inalienable

(1) Benefits are absolutely inalienable, by way of, or in consequence of, sale, assignment, charge, execution, bankruptcy or otherwise. (2) Subsection (1) has effect subject to: (a) section 41 (which deals with payment of part of a pension of a surviving spouse of a person to someone else for the welfare of the person’s children); and (b) section 42 (which deals with payment of a benefit to someone other than the beneficiary, for the beneficiary’s welfare); and (c) subsection 61(3) (which provides for recovery of certain amounts by deductions from payments of benefits).