2 Short title, financial provision and extent.E+W+S+N.I.
(1)This Act may be cited as the British Coal and British Rail (Transfer Proposals) Act 1993.
(2)Any increase attributable to the provisions of this Act in the sums payable under any other enactment out of—
(a)money provided by Parliament, or
(b)the National Loans Fund,
shall be paid out of money so provided or, as the case may be, out of that Fund.
(3)Any sums received in consequence of this Act by the Secretary of State under any other enactment shall be paid—
(a)to the extent that they represent interest on, or payments in or towards repayment of, sums issued out of the National Loans Fund, into that Fund; and
(b)subject to paragraph (a) above, into the Consolidated Fund;
but this subsection is without prejudice to the power conferred on the Secretary of State by section 2(5) of the M1Coal Industry Act 1980 (which permits certain sums received by him to be applied under section 2(1) of that Act as money provided by Parliament).
(4)This Act extends to Northern Ireland.
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Modifications etc. (not altering text)
C1S. 2(2) amended (6.4.1999 with respect to the tax year 1999-2000) by S.I. 1999/263, art. 5
Marginal Citations