Finance

F201 Borrowing powers of National Coal Board.

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7 Payments to redundant workers. C1

1

For the purpose of providing assistance to persons made redundant by the closure of coal mines F5or coking plants, the reduction in the number of persons employed thereat or the consequent reduction in ancillary services and facilities the Secretary of State may make a scheme providing for the making of payments to or in respect of persons of any prescribed class who at any time between 17th July 1967 and F629th March 1987—

a

are employed at a coal mine or at any place of a prescribed class used for providing services or facilities ancillary to the working of one or more coal mines, F7or

b

are employed by any person carrying on in Great Britain a business which consists wholly or mainly of the production of coke and are so employed either at a coking plant or at any place of a prescribed class used for providing services or facilities ancillary to the operation of one or more coking plants;

and who in either case become redundant within the meaning of the scheme in such circumstances as may be prescribed.

2

The payments to be made under a scheme under this section shall be either—

a

payments by the Secretary of State to persons to whom the scheme applies in accordance with subsection (1) above, or

b

payments by the Secretary of State to the F8Corporation in respect of the carrying out by the F8Corporation of arrangements relating to concessionary coal.

3

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4

The aggregate amount of the payments made by the Secretary of State under this section and section 3 of the Act of 1967 during the financial years of the F8Corporation ending in March 1974, 1975, 1976, 1977 and 1978 shall not exceed £100 million.

F10C2C35

The aggregate amount of the payments made by the Secretary of State under this section during the financial years of the F11Corporation ending in March 1979, 1980, 1981, 1982, 1983 F121984, 1985 F131986 and 1987 shall not exceed £1,200 million.

7

The power to make a scheme under this section shall be exercisable by order contained in a statutory instrument, and an order made under this subsection may be varied or revoked by a subsequent order so made.

An order shall not be made under this subsection unless a draft thereof has been laid before and approved by the Commons House of Parliament.

8

In this section—

  • “concessionary coal” means coal or other solid fuel supplied free of charge or at reduced prices,

  • “prescribed” means prescribed by a scheme under this section.

9

Any sums required by the Secretary of State for making payments under a scheme under this section shall be defrayed out of money provided by Parliament.

10

Section 3 of the Act of 1967, section 2 of the Act of 1971, and section 4 of the Act of 1973, which are superseded by this section, shall cease to have effect, but nothing in this Act is to be taken to prejudice the validity of any scheme made before the commencement of this Act under section 3 of the Act of 1967, and any such scheme may be varied or revoked as if made under this section.

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Other provisions

C49 Activities relating to petroleum,

F151

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F152

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F153

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F154

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F215

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F2210 Activities relating to minerals other than coal or petroleum.

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F2311 Overseas activities.

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12 Pensions.

C51

In section 37 of the Act of 1946 (regulations about pension schemes) after subsection (1) insert the following subsection—

1A

Regulations may be made for providing pensions, gratuities and other like benefits in favour of persons specified in the Table in Schedule 2A to this Act, and references in subsection (1)(c) above to the purposes of paragraphs (a) and (b) of that subsection shall include references to the purposes of this subsection.

C52

After Schedule 2 to the Act of 1946 insert, as Schedule 2A, the provisions set out in Schedule 3 to this Act.

Annotations:
Modifications etc. (not altering text)
C5

The text of ss. 1(1)(2), 11(8), 12(1)(2), 15(1)(2), Schs. 1, 3, 4 paras. 1(1)—(7), 2, 3, Sch. 5 Pts. I, II is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991.

13 Administrative expenses.

F19Any administrative expenses incurred by the Secretary of State for the purposes of this Act shall be paid out of money provided by Parliament

14 Interpretation.

F191

In this Act—

  • “the Act of 1946” means the M1Coal Industry Nationalisation Act 1946;

  • “the Act of 1965” means the M2Coal Industry Act 1965;

  • “the Act of 1971” means the M3Coal Industry Act 1971;

  • “the Act of 1973” means the M4Coal Industry Act 1973;

  • “the Act of 1976” means the M5National Coal Board (Finance) Act 1976;

  • “the Board” means the National Coal Board;

  • F16 “ the Corporation ” means the British Coal Corporation;

  • “wholly owned subsidiary” shall be construed in accordance with F17F18section 736 of the Companies Act 1985.

2

Except so far as the context otherwise requires, any reference in this Act to an enactment shall be construed as a reference to that enactment as amended or extended by or under any other enactment.

F1915 Amendments and repeals.

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16 Citation, commencement and extent.

F191

This Act may be cited as the Coal Industry Act 1977, and the Coal Industry Acts 1946 to 1976 and this Act may be cited together as the Coal Industry Acts 1946 to 1977.

2

This Act shall come into force at the expiration of a period of one month beginning with the date on which this Act is passed.

3

This Act does not extend to Northern Ireland, but without prejudice to the provisions of this Act relating to activities of the Board outside Great Britain.