(1)There shall be a Coal Commission (in this Act called " the Commission") to exercise and perform the powers and duties set out in this Act.
(2)The Commission shall be a body corporate by the name of " the Coal Commission ", with perpetual succession and a common seal, and with power to hold land without licence in mortmain.
(3)The provisions of the First Schedule to this Act shall have effect with respect to the constitution and procedure of the Commission.
(1)It shall be the duty of the Commission to , exercise their functions as owners of the fee simple in coal and mines of coal, and of the property and rights to be acquired by them therewith, in such manner as they may think best for promoting the interests, efficiency, and better organisation of the coal-mining industry.
(2)The Commission shall not themselves engage in the business of coal-mining or carry on any operations for coal-mining purposes, other than searching and boring for coal, but shall grant leases for those purposes :
Provided that the Commission may carry on any operations for those purposes which may be requisite for preserving in good order premises that are not for the time being subject to a coal-mining lease.
(3)The Board of Trade may give to the Commission general directions as to the exercise by the Commission of their functions under this Part of this Act in relation to matters appearing to the Board to affect the national interest, including all matters affecting the safety of the working of coal, and the Commission shall give effect to any such directions:
Provided that nothing in this subsection shall be construed as conferring on the Board any power to give a direction inconsistent with any provisions of the [1 & 2 Geo. 5. c. 50.] Coal Mines Act, 1911, or of any other enactment relating to the control or management of a mine within the meaning of that Act, or of any regulations made under that Act or any such other enactment.