Deregulation Act 2015

British Steel Act 1988 (c. 35)E+W+S

10E+W+SThe British Steel Act 1988 is amended in accordance with paragraphs 11 and 12.

11(1)Omit section 6 (target investment limit for Government shareholding in successor company to British Steel Corporation).E+W+S

(2)In consequence of sub-paragraph (1)—

(a)in section 4(1), omit “Subject to section 6(5),”;

(b)in section 13(2), omit “6 or”.

12E+W+SIn Schedule 3 (transitional provisions and savings), omit paragraph 10 (saving provision for regulations made under section 24 of the Iron and Steel Act 1953 (compensation to officers and servants) or having effect as if made under paragraph 2 of Schedule 4 to the Iron and Steel Act 1975 (compensation to employees)).