Section 260: Avoidance of assignment of, or charge on service pay, pension, etc.

(1) An assignment of or charge on, and every agreement to assign or charge any pay, service award, grant, pension or allowance payable to a person in respect of his or any other person's service in the Armed Forces, shall be void.
(2) Except as expressly provided by this Act, no order shall be made by a court the effect of which would be to restrain a person from receiving anything which by virtue of this section he is precluded from assigning and to direct payment thereof to another person.
(3) Nothing in this section shall prejudice an enactment providing for the payment of any sum to a bankrupt's trustee in bankruptcy for distribution among creditors.