An Act to increase the limit on the borrowing powers of the National Coal Board, to provide for grants by the Secretary of State to the Board and other persons, to extend the Board’s powers and the power to provide pensions and other benefits under the Coal Industry Nationalisation Act 1946.
[29th July 1977]
Extent Information
E1For extent of this Act see s. 16
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Textual Amendments
F1S. 1 repealed (27.3.2004) by Coal industry Act 1994 (c. 21), s. 68(4), Sch. 11 Pt. III; S.I. 2004/144, art. 2, Sch.
Textual Amendments
F3S. 4 repealed by Coal Industry Act 1980 (c. 50, SIF 86), s. 11(2)
Textual Amendments
F4S. 5 repealed by Coal Industry Act 1980 (c. 50, SIF 86), s. 11(2)
Textual Amendments
F5S. 6 repealed, but without prejudice to the payment of any grant under that section in respect of relevant expenditure actually incurred during any period specifically in subsection (3) of that section, by Coal Industry Act 1987 (c. 3, SIF 86), ss. 4(1), 10(3), Sch. 3 Pt. I
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Textual Amendments
F6S. 7 repealed (28.4.2014 for the repeal of s. 7(1)(2)) by Coal industry Act 1994 (c. 21), s. 68(4), Sch. 11 Pt. III; S.I. 2014/888, art. 2, Sch. (with art. 3)
Textual Amendments
F7S. 8 repealed by Coal Industry Act 1980 (c. 50, SIF 86), ss. 5, 11(2)
F8(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F8(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F8(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F8(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F9(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F8S. 9(1)-(4) repealed (31.10.1994) by 1994 c. 21, ss. 67, 68(2), Sch. 11 Pt. II (with ss. 40(7), 66); S.I. 1994/2553, art. 2
F9S. 9(5) repealed (27.3.2004) by Coal industry Act 1994 (c. 21), s. 68(3)(b), Sch. 11 Pt. IV; S.I. 2004/144, art. 3
Modifications etc. (not altering text)
C1S. 9 restricted (31.10.1994) by 1994 c. 21, ss. 11(6)(b), 68(2), (with ss. 40(7), 66); S.I. 1994/2553, art. 2
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Textual Amendments
F10S. 10 repealed (27.3.2004) by Coal industry Act 1994 (c. 21), s. 68(3)(b), Sch. 11 Pt. IV; S.I. 2004/144, art. 3
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Textual Amendments
F11S. 11 repealed (27.3.2004) by Coal industry Act 1994 (c. 21), s. 68(3)(b), Sch. 11 Pt. IV; S.I. 2004/144, art. 3
(1)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.”
(2)After Schedule 2 to the Act of 1946 insert, as Schedule 2A, the provisions set out in Schedule 3 to this Act.
Modifications etc. (not altering text)
C2The 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.
[F12Any administrative expenses incurred by the Secretary of State for the purposes of this Act shall be paid out of money provided by Parliament]
Textual Amendments
F12Ss. 13-16 repealed (27.3.2004 for the repeal of s. 15) by Coal Industry Act 1994 (c. 21), s. 68(4), Sch. 11 Pt. 3; S.I. 2004/144, art. 2, Sch.
[F12(1)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;
[F13 “ the Corporation ” means the British Coal Corporation; ]
“wholly owned subsidiary” shall be construed in accordance with [F14[F15section 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.]
Textual Amendments
F12Ss. 13-16 repealed (27.3.2004 for the repeal of s. 15) by Coal Industry Act 1994 (c. 21), s. 68(4), Sch. 11 Pt. 3; S.I. 2004/144, art. 2, Sch.
F13Definition inserted by Coal Industry Act 1987 (c. 3, SIF 86), s. 1(2), Sch. 1 para. 34(3)
F14Words substituted by Companies Consolidation (Consequential Provisions) Act 1985 (c. 9, SIF 27), s. 30, Sch. 2
F15Words substituted by Companies Act 1989 (c. 40, SIF 27), s. 144(4), Sch. 18 para. 18 (subject to the transitional provisions referred to in S.I. 1990/1392, arts. 2, 6)
Marginal Citations
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Textual Amendments
F12Ss. 13-16 repealed (27.3.2004 for the repeal of s. 15) by Coal Industry Act 1994 (c. 21), s. 68(4), Sch. 11 Pt. 3; S.I. 2004/144, art. 2, Sch.
[F12(1)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.]
Textual Amendments
F12Ss. 13-16 repealed (27.3.2004 for the repeal of s. 15) by Coal Industry Act 1994 (c. 21), s. 68(4), Sch. 11 Pt. 3; S.I. 2004/144, art. 2, Sch.
Section 1.
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Textual Amendments
F16Sch. 1 repealed (27.3.2004) by Coal industry Act 1994 (c. 21), s. 68(4), Sch. 11 Pt. III; S.I. 2004/144, art. 2, Sch.
Textual Amendments
F17Sch. 2 repealed (with saving) by Coal Industry Act 1987 (c. 3, SIF 86), s. 10(3), Sch. 3 Pt. I note
Section 12.
Modifications etc. (not altering text)
C3The 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.
To be inserted in the Act of 1946 as Schedule 2A
The table below sets out classes of persons for whom rights may be provided under section 37(1A) of this Act.
1Any person who has been in the employment of a subsidiary of the Board.
2Any person who has been in the employment of a body corporate in which the Board then had an interest of a kind defined by regulations under section 37 of this Act and which was then, or at any earlier time, a subsidiary of the Board.
3(1)Any person who has been in the employment of a body corporate to which this head then applied.
(2)This head applies to a body corporate in which the Board, or a subsidiary of the Board, has an interest of a prescribed kind where—
(a)more than one-half in nominal value of the equity share capital of the body corporate is held by nationalised bodies, or
(b)its members consist of or include nationalised bodies, and those nationalised bodies can together control the composition of the board of directors of the body corporate, or
(c)the body corporate is a subsidiary of another body corporate to which this head applies.
(3)In this head “prescribed” means prescribed by regulations under section 37 of this Act, and those regulations may prescribe different kinds of interests for cases within paragraphs (a), (b) and (c) above respectively.
4Any person who has been in the employment of a partnership where—
(a)the Board or a subsidiary of the Board was one of the partners, and
(b)that partner, together with any other partners who were nationalised bodies, had an interest, or interests, in the partnership satisfying conditions prescribed by regulations under section 37 of this Act.
5Other persons, so far as benefits in their favour are by reference to the employment of persons within heads 1, 2, 3 or 4 above.
In this Table—
“nationalised body”means—
(a)a body corporate established by or under any enactment for the carrying on of any industry or part of an industry, or of any undertaking, under national ownership or control, or
(b)a subsidiary of such a body corporate,
“subsidiary” has the meaning given by section 154 of the Companies Act 1948.”
Section 15.
1F18(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E+W+S
F19(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F19(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F19(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F20(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F21(6). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F18(7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F18Sch. 4 para. 1(1)(7) repealed (27.3.2004) by Coal Industry Act 1994 (c. 21), s. 68(4), Sch. 11 Pt. 3; S.I. 2004/144, art. 2, Sch.; S.I. 2004/144, art. 2, Sch.
F19Sch. 4 para. 1(2)-(4) repealed (27.3.2004) by Coal Industry Act 1994 (c. 21), s. 68(3)(b), Sch. 11 Pt. 4; S.I. 2004/144, art. 3
F20Sch. 4 para. 1(5) repealed (5.7.1994) by 1994 c. 21, ss. 67, Sch. 11 Pt. I (with ss. 40(7), 66)
F21Sch. 4 para. 1(6) repealed (27.3.2004) by Coal Industry Act 1994 (c. 21), s. 68(3)(b), Sch. 11 Pt. 4; S.I. 2004/144, art. 3
F222E+W+S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F22Sch. 4 para. 2 repealed (27.3.2004) by Coal industry Act 1994 (c. 21), s. 68(4), Sch. 11 Pt. III; S.I. 2004/144, art. 2, Sch.
F233E+W+S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F23Sch. 4 para. 3 repealed (27.3.2004) by Coal industry Act 1994 (c. 21), s. 68(4), Sch. 11 Pt. III; S.I. 2004/144, art. 2, Sch.
4E+W+S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F24
Textual Amendments
F24Sch. 4 para. 4 repealed by Overseas Development and Co-operation Act 1980 (c. 63, SIF 88), Sch. 2 Pt. I
5E+W+S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F25
Textual Amendments
F25Sch. 4 para. 5 repealed (with saving) by Coal Industry Act 1987 (c. 3, SIF 86), s. 10(3), Sch. 3 Pt. I Note
Section 15.
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Textual Amendments
F26Sch. 5 repealed (27.3.2004) by Coal industry Act 1994 (c. 21), s. 68(4), Sch. 11 Pt. III; S.I. 2004/144, art. 2, Sch.