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SCHEDULES

SCHEDULE 23Legislation no longer of practical use

PART 2Industry

Mining Industry Act 1926 (c. 28)

6(1)In the Mining Industry Act 1926, omit section 20 (which confers power on coal-mining companies to establish profit sharing schemes irrespective of the terms of their articles of association).

(2)The repeal made by sub-paragraph (1) is to have no effect in relation to any scheme still in existence that was established, and is being carried on, in reliance on the power conferred by section 20 of the Mining Industry Act 1926.