The body corporate established by sections 1 and 2 of the M1Coal Industry Nationalisation Act 1946 with the name of the National Coal Board shall be known instead as “the British Coal Corporation”; and in this Act the British Coal Corporation is referred to as “the Corporation”.

The enactments mentioned in Schedule 1 to this Act shall have effect with the amendments there specified which are consequential on subsection (1) above.

For any reference to the National Coal Board in any other enactment or in any instrument or other document there shall, as respects any time after the coming into force of this section, be substituted a reference to the Corporation.