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3. In section 2—
(a)subsection (1) shall be omitted;
(b)for subsections (2) to (4) there shall be substituted the following subsections:
“(2) Nothing in section 1 above, or in any Order in Council under that section, shall affect the operation of any provision relating to sea fisheries made by or under any enactment contained in an Act of Parliament.
(3) Where any area which is not part of the territorial sea adjacent to the Isle of Man becomes part of that sea by virtue of section 1 above or an Order in Council under that section, any rights with respect to coal which were, immediately before the extension of this Act to the Isle of Man, vested in and exercisable by the British Coal Corporation by virtue of section 1(2) of the Continental Shelf Act 1964() shall continue to be so vested and exercisable after the date of that extension as if the area were not part of the territorial sea:
Provided that those rights may be transferred to, or to a person nominated by, the Government of the Isle of Man on such terms as may be agreed between that Government and the British Coal Corporation or any successor in title to the British Coal Corporation.
(4) Nothing in section 1 above, or in any Order in Council made under that section, shall affect any licences granted under the Petroleum (Production) Act 1934() before the extension of this Act to the Isle of Man or the coming into force of that Order,”, and
(c)in subsection (5), the definitions of “harbour authority” and “port health authority” shall be omitted.
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