Anti-alienation

(1) A conveyance, transfer, sale, mortgage, pledge, hypothecation, encumbrance, order, assignment or other restraint of any interest in a foundation or its endowment by a founder or beneficiary by way of anticipation of income or principal is void. (2) The endowment shall not be subject to alienation, transfer or restraint of any kind by operation of any foreign law and shall be exempt from the claims of any creditors of, claimants of, or parties adverse to, a founder or a beneficiary. 62 (3) The endowment shall be free from the control or interference of a spouse of a founder or a beneficiary or a parent of any minor beneficiary, and from all foreign legal (4) Notwithstanding the provisions of sub-section (1), any beneficiary of a foundation may enforce the due administration of the foundation in accordance with the terms of the foundation, its by-laws and this Act, and any claim for such purpose shall constitute a claim in personam. (5) For the avoidance of doubt, a claim referred to in sub- section (4) of this section, shall not constitute a claim in rem. upon