The Coal Industry (Superannuation Scheme) (Winding Up, No. 3) Regulations 1951

1.  These regulations apply to each of the superannuation schemes specified in the schedule to these regulations, being schemes or other arrangements for the provision of pensions, gratuities or other like benefits in favour of—

(a) persons to whom sub-section (2) of section thirty-seven of the Act of 1946, as amended by section four of the Act of 1949, applies, or

(b) persons, other than as aforesaid, taken into the employment of the National Coal Board (in these regulations referred to as “the Board”) before the commencement of the Act of 1949, being persons who had been in employment in, or in connection with, coal industry activities or transferred allied activities.

with respect to which—

(i) provision for the payment of all benefit becoming due is made under one or more contracts of insurance, and

(ii) all members (other than those who had become entitled to benefit before the commencement of these regulations) have with the consent of the insurers concerned become members of the principal scheme (as defined in regulation five).