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Coal Industry Act 1973

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This is the original version (as it was originally enacted).

4In section 1 of the Act of 1971—

(a)in subsection (2), after the words “30th March 1974 ” there shall be inserted the words “or for such subsequent years as are provided for by or under subsection (1) or subsection (5) of section 3 of the Coal Industry Act 1973 ”;

(b)in subsection (3), for the words “shall not exceed in the aggregate £24 million ” there shall be substituted the words “in respect of the two years ending with 31st March 1973 shall not exceed in the aggregate £24 million, and grants so made in respect of any subsequent years shall not exceed in the aggregate the limits imposed by subsections (4) and (5) of section 3 of the Coal Industry Act 1973 ” ; and for paragraph (c) there shall be substituted the following—

“(c)in the case of the year 1973-74 and subsequent years, one half”.

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