Clause 10

Subject to the provisions of any regulations made under this Part, all moneys paid or payable under the INVEST Plan on the death of a member thereof shall be deemed to be subject to a trust in favour of the persons entitled thereto under the will or intestacy of such deceased member and shall not be deemed to form part of his estate or be subject to the payment of his debts but shall be deemed to be property passing on his death for the purposes of the Estate Duty Act (Cap. 96).