14.—(1) The Secretary of State may pay to any coal industry employee who—
(a)satisfies the conditions contained in paragraphs (a) and (b) of Article 3; and
(b)on the relevant date had attained the age of 35 but had not attained the age of 55 or who, having attained the age of 55 had not attained the age of 65 in the case of a man or 60 in the case of a woman, and is not eligible to receive payments under Article 5; and
(c)satisfies the conditions contained in either paragraph (a) or (b) of Article 4(1), the sums specified in Appendix 5 in relation to his total period of employment (determined in accordance with Article 4(2)) with one or more coal industry employers or with any other employer at a coal mine or at a prescribed place prior to 1st January 1947 and to his age on the relevant date.
(2) No payments shall be made under this Article—
(a)in respect of more than 25 years' employment in the aggregate; or
(b)of a total amount exceeding £1,250; or
(c)in respect of any completed year of employment for which payment has been made under this Article; or
(d)for any completed year in respect of which payment has been made under an agreement dated 5th June 1973 made between the Board and the National Union of Mineworkers providing for lump sum redundancy payments in the Coke and By-Products Industry.
(3) The sums payable under paragraph (1) to a coal industry employee who on the relevant date had attained the age of 64 in the case of a man, or 59 in the case of a woman, shall be reduced by one-twelfth in respect of each whole month by which such employee exceeds the said age.