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Part IVU.K. General and Supplemental

SupplementalU.K.

65 Interpretation.U.K.

(1)In this Act, except in so far as the context otherwise requires—

(2)References in this Act to the treatment of coal in the strata shall be taken not to include references to any operations which—

(a)are carried on in relation to coal in or to which any oil or gas that exists in its natural condition in the strata is absorbed or adsorbed; and

(b)are so carried on wholly for the purpose of winning or getting that oil or gas;

and in this subsection “oil or gas” means oil or gas within the meaning of section 9 above.

(3)References in this Act to the creation, in favour of any person, of an interest in property include references to the vesting in that person of a freehold or leasehold interest in property.

(4)For the purposes of this Act a company shall be regarded as wholly owned by the Crown at any time if it is—

(a)a company limited by shares in which there are at that time no issued shares held otherwise than by, or by a nominee of, the Treasury, the Secretary of State or any other company wholly owned by the Crown; or

(b)a company limited by guarantee of which no person other than the Treasury or the Secretary of State, or a nominee of the Treasury or the Secretary of State, is a member.