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(1)Subject to the following provisions of this section, the appropriate Minister may, out of moneys provided by Parliament, make payments to the Central Electricity Generating Board, the North of Scotland Hydro-Electric Board, the South of Scotland Electricity Board or any area gas board reimbursing the amount by which the costs incurred between 31st July 1967 and 1st April 1971 by that board in using, in pursuance of an arrangement with the appropriate Minister, coal for the purpose of generating electricity or producing gas exceed the costs which would have been so incurred if that board had used another fuel for that purpose.
(2)For the purposes of subsection (1) above the amount of any costs which have or would in the circumstances there mentioned have been incurred by a board shall be determined in such manner as may be agreed between the appropriate Minister and the board with the approval of the Treasury and shall be certified by the board's auditors.
(3)The aggregate amount of the payments made under this section shall not exceed £45,000,000.
(4)In this section " the appropriate Minister" means, as respects the North of Scotland Hydro-Electric Board and the South of Scotland Electricity Board, the Secretary of State and in any other case the Minister of Power.
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