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Section 15.
1(1)The Act of 1946 shall be amended as follows.
(2)For section 1(2)(e) substitute the following paragraph—
“(e)any activities which can advantageously be carried on by the Board with a view to making the best use of their assets”.
(3)In section 3(4) after the words " activities of the Board " insert the words " in Great Britain or elsewhere ".
(4)At the end of section 31(1) add the words " in Great Britain or elsewhere ".
(5)In section 36(2)(c) (inserted by section 46(1) of the Opencast Coal Act 1958) for the word " tons " substitute " tonnes ".
(6)In section 54(1) after the word " functions " insert the words " in Great Britain or elsewhere ".
(7)At the beginning of section 63(3) (references to activities not to include overseas activities) insert the words " Except as otherwise expressly provided ".
2In section 4(1) of the Act of 1967 (payments by Secretary of State to Board in respect of early retirement benefits for those eligible under schemes under section 3 of that Act) after the words " section 3 above" insert the words " or section 7 of the Coal Industry Act 1977 ".
3Sections 5 and 6 of the Act of 1967 (reimbursement of losses in postponing pit closures, and an additional loss of using coal in generating electricity or producing gas), which are spent enactments, shall cease to have effect.
4In section 5(2) of the Act of 1971 for the words from the beginning to the words " but before giving any consent thereunder " substitute the words " Before giving any consent under subsection (1) of this section ".
5In section 2(5) of the Act of 1976 (payments towards pension scheme deficiences: exclusion of expenditure relevant for pit closure grants) for the words from " for the purposes of " to the end of the subsection substitute the words " defined in Schedule 2 to the Coal Industry Act 1977 ".
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