Coal Industry Act 1977

1 Borrowing powers of National Coal Board.

2, 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7 Payments to redundant workers.

8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Other provisions

9 Activities relating to petroleum,

10 Activities relating to minerals other than coal or petroleum.

11 Overseas activities.

13 Administrative expenses.

14 Interpretation.

15 Amendments and repeals.

16 Citation, commencement and extent.

SCHEDULE 1 Borrowing by Board

Section 1 of the Act of 1965 as amended

1 Borrowing by, and loans by Minister to, National Coal Board.

Section 2 of the Act of 1973 as amended

2 Borrowing powers of the Board and its subsidiaries and powers to guarantee loans.

. . . . . . . . . ....

SCHEDULE 2 . . .

To be inserted in the Act of 1946 as Schedule...

Schedule 4 Minor Amendments

Coal Industry Nationalisation Act 1946 (c.59)

Coal Industry Act 1967 (c. 91)

2In section 4(1) of the Act of 1967 (payments by...

3Sections 5 and 6 of the Act of 1967 (reimbursement...

4. . . . . . . . . ....

5. . . . . . . . . ....

Schedule 5 Repeals

Part I Grants for Pit Closures

. . . . . . . . . ....

Part II Other Repeals

. . . . . . . . . ....

Royal arms

Coal Industry Act 1977

1977 CHAPTER 39

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]