Singapore legislation

Clause 17

of Pioneer Generation Fund Bill

Clause 17

Nature of benefits to Pioneers

(1)

To avoid doubt, no Pioneer has an absolute right to any financial assistance in section 16(1), even for a period before he or she is determined to be a Pioneer under section 13 or 14.

(2)

Any financial assistance under section 16(1) granted to a Pioneer —

(a)

is not assignable or transferable, except for the purpose of satisfying a debt due from the Pioneer to the Government; and

(b)

is not liable to be attached, sequestered or levied upon for or in respect of any debt or claim except a debt due from the Pioneer to the Government.