An Act to make further provision with respect to borrowing by and grants to the National Coal Board; to provide for supplementary payments to redundant workers in the coal industry, for the reimbursement to the Board of contributions to retirement benefits to or in respect of such workers and of losses incurred by the Board in deferring the closure of coal mines and for the reimbursement to boards generating electricity or producing gas of the additional cost of using coal in pursuance of an arrangement made with the Minister of Power or the Secretary of State; and for connected purposes.
[20th December 1967]
Textual Amendments
F1S. 1 repealed by Coal Industry Act 1973 (c. 8), Sch. 2
Textual Amendments
F2S. 2 repealed with saving for grants under Coal Industry Act 1971 (c. 16), s. 1 in respect of Board's financial year ending in March 1978 or in any earlier year by Coal Industry Act 1977 (c. 39), Sch. 5 Pt. I
Textual Amendments
F3S. 3 repealed with saving by Coal Industry Act 1977 (c. 39), s. 7(10), Sch. 5 Pt. II
(1)The Minister may, out of moneys provided by Parliament, make payments to the [F4British Coal Corporation]reimbursing the [F5Corporation]the amount determined in accordance with subsection (2) below of any contributions in respect of any increase in the cost of retirement benefits paid before normal retiring age to or in respect of persons who have at any time been eligible to receive payments under a scheme under section 3 above [F6or section 7 of the M1Coal Industry Act 1977].
(2)The amount of any payments under this section shall be determined in such manner as may be agreed between the Minister and the [F5Corporation]with the approval of [F7the Minister for the Civil Service]and shall be certified by the [F5Corporation’]auditors.
(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F8
(4)In this section “contributions” means payments by way of contributions to superannuation funds maintained by virtue of section 37 of the M2Coal Industry Nationalisation Act 1946.
Textual Amendments
F4Words substituted by Coal Industry Act 1987 (c. 3, SIF 86), s. 1(1)(2), Sch. 1 para. 16(a)
F5Words substituted by Coal Industry Act 1987 (c. 3, SIF 86), s. 1(1)(2), Sch. 1 para. 16(b)
F6Words inserted by Coal Industry Act 1977 (c. 39), Sch. 4 para. 2
F7Words substituted by virtue of S.I. 1968/1656, arts. 2(1)(d), 3(2)
F8S. 4(3) repealed with saving for grants under Coal Industry Act 1971 (c. 16), s. 1 in respect of Board's financial year ending in March 1978 or in any earlier year by Coal Industry Act 1977 (c. 39), Sch. 5 Pt. I
Marginal Citations
Textual Amendments
F9Ss. 5, 6 repealed by Coal Industry Act 1977 (c. 39), Sch. 5 Pt. II
(1)In this Act, except in so far as the context otherwise requires,—
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F10
“the Minister” means [F11the Secretary of State];
“the 1965 Act” means the M3Coal Industry Act 1965.
(2)Except in so far as the context otherwise requires, any reference inthis Act to any other enactment is a reference thereto as amended, andincludes a reference thereto as extended or applied, by or under anyother enactment, including this Act.
(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F12
Textual Amendments
F10Definition of “the Board” repealed by Coal Industry Act 1987 (c. 3, SIF 86), s. 10(3), Sch. 3 Pt. II
F11Words substituted by virtue of S.I. 1969/1498, arts. 2(1), 5(6) and 1970/1537, arts. 2(2), 7(4)
F12S. 7(3) repealed with saving for grants under Coal Industry Act 1971 (c. 16), s. 1 in respect of Board's financial year ending in March 1978 or in any earlier year by Coal Industry Act 1977 (c. 39), Sch. 5 Pt. I
Marginal Citations
(1)This Act may be cited as the Coal Industry Act 1967.
(2)The Coal Industry Acts 1946 to 1965 and this Act may be cited together as the Coal Industry Acts 1946 to 1967.
(3)This Act does not extend to Northern Ireland.
Section 7.
1, 2.E+W+S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F13
Textual Amendments
F13Sch. paras. 1, 2 repealed by Coal Industry Act 1977 (c. 39), Sch. 5 Pt. II
3—5.E+W+S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F14
Textual Amendments
F14Sch. paras. 3—5 repealed with saving for grants under Coal Industry Act 1971 (c. 16), s. 1 in respect of Board's financial year ending in March 1978 or in any earlier year by Coal Industry Act 1977 (c. 39), Sch. 5 Pt. I