National Coal Board (Additional Powers) Act 1966 F1(repealed 31.10.1994)

1966 c.47

Annotations:
Amendments (Textual)
F1

Act repealed (31.10.1994) by 1994 c. 21 ss. 67, 68(2), Sch. 11 Pt. II (with ss. 11(6)(b), 40(7), 66); S.I. 1994/2553, art. 2

1 Additional powers for National Coal Board

1

In addition to their duties and powers under the Coal Industry Acts 1946 to 1965, but subject to the provisions of the M1Petroleum (Production) Act 1934 and the M2Continental Shelf Act 1964, the F2British Coal Corporation (hereafter in this Act referred to as “the Corporation” shall have power—

a

to search and bore for and get petroleum within the meaning of the said Act of 1934 in the sea bed and subsoil of the territorial waters of the United Kingdom adjacent to Great Britain and of any area for the time being designated under section 1(7) of the said Act of 1964;

b

where any crude natural gas or crude liquid petroleum has been got as aforesaid wholly or partly by or on behalf of the F3Corporation, to engage—

i

at well-head or within Great Britain; or

ii

at such other place, if any, as may be authorised by an order of F4the Secretary of State made by statutory instrument, which shall be laid before Parliament after being made,

in the treatment of that gas or petroleum for the purpose of rendering it saleable in crude state, and in the sale or supply of that gas or petroleum with or without such treatment;

c

to do anything and to enter into any transaction (whether or not involving the expenditure, borrowing in accordance with the provisions of section 1 of the M3Coal Industry Act 1965, or lending, of money, or the acquisition of any property or rights) which in the opinion of the F3Corporation is calculated to facilitate the proper exercise by them of their powers under paragraphs (a) and (b) of this subsection;

d

to dispose of any property or rights held by the F3Corporation for the purpose of the exercise of their powers under the said paragraphs (a) and (b) which are no longer required by the F3Corporation for that purpose;

e

to make available to other persons anything provided for the purpose of the exercise by the F3Corporation of their powers under the said paragraphs (a) and (b) so far as not for the time being required for use by the F3Corporation for that purpose.

2

The powers of the F3Corporation under paragraph (f) of section 1(2) of the M4Coal Industry Nationalisation Act 1946 (which relates to training, education and research) shall be exercisable in relation to any activities under paragraphs (a) and (b) of subsection (1) of this section as they are exercisable in relation to any activities under paragraphs (a) to (e) of the said section 1(2).

3

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2 Citation.

1

This Act may be cited as the National Coal Board (Additional Powers) Act 1966.

2

This Act and the Coal Industry Acts 1946 to 1965 may be cited together as the Coal Industry Acts 1946 to 1966.