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Coal Industry Nationalisation Act 1946

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Changes over time for: SCHEDULE 2A

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Coal Industry Nationalisation Act 1946, SCHEDULE 2A is up to date with all changes known to be in force on or before 09 December 2019. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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Changes and effects yet to be applied to Schedule 2A:

[F1SCHEDULE 2A]E+W+S Eligibility for Superannuation Rights

Textual Amendments

The table below sets out classes of persons for whom rights may be provided under section 37(1A) of this Act.

TABLE

1E+W+SAny person who has been in the employment of a subsidiary of the [F2Corporation].

2E+W+SAny person who has been in the employment of a body corporate in which the [F3Corporation] then had an interest of a kind defined by regulations under section 37 of this Act and which was then, or at any earlier time, a subsidiary of the [F3Corporation].

3(1)Any person who has been in the employment of a body corporate to which this head then applied.E+W+S

(2)This head applies to a body corporate in which the [F4Corporation], or a subsidiary of the [F4Corporation], has an interest of a prescribed kind where—

(a)more than one-half in nominal value of the equity share capital of the body corporate is held by nationalised bodies, or

(b)its members consist of or include nationalised bodies, and those nationalised bodies can together control the composition of the [F4Corporation]of directors of the body corporate, or

(c)the body corporate is a subsidiary of another body corporate to which this head applies.

(3)In this head “prescribed” means prescribed by regulations under section 37 of this Act, and those regulations may prescribe different kinds of interests for cases within paragraphs (a), (b) and (c) above respectively.

4E+W+SAny person who has been in the employment of a partnership where—

(a)the [F5Corporation]or a subsidiary of the [F5Corporation] was one of the partners, and

(b)that partner, together with any other partners who were nationalised bodies, had an interest, or interests, in the partnership satisfying conditions prescribed by regulations under section 37 of this Act.

5E+W+SOther persons, so far as benefits in their favour are by reference to the employment of persons within heads 1, 2, 3 or 4 above.

In this Table—

  • nationalised body” means—

    (a)

    a body corporate established by or under any enactment for the carrying on of any industry or part of an industry, or of any undertaking, under national ownership or control, or

    (b)

    a subisidiary of such a body corporate,

  • subsidiary” has the meaning given by [F6section 736 of the Companies Act 1985].

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