Part I

Re-organisation of Coal Industry

Financial arrangements in connection with restructuring

Grant-making powers
17
1
The Secretary of State shall not—
a
include provision in any restructuring scheme for the transfer to any person of a right to a grant or other payment specified in subsection (2) below; or
b
make any such grant or payment at any time after such date as the Secretary of State may by order made by statutory instrument appoint for the purposes of this paragraph;
but different dates may be appointed for the purposes of paragraph (b) above in relation to different grants and payments.
2
The grants and payments mentioned in subsection (1) above are—
a
payments under section 4 of the Coal Industry Act 1967 or section 3 of the Coal Industry Act 1982 (payments providing re-imbursement of contributions to early retirement benefits etc.);
b
payments under section 2 of the National Coal Board (Finance) Act 1976 (payments towards mineworkers' pension scheme deficiency);
c
grants under—
i
section 6 of the Coal Industry Act 1977 (pit closure grants for certain financial years); or
ii
section 4 of the Coal Industry Act 1987 (grants in respect of expenditure referable to costs incurred in those financial years or in respect of other approved expenditure);
d
such payments under a scheme made in pursuance of section 7 of that Act of 1977 (payments to redundant workers or in respect of arrangements relating to concessionary coal) as may be made otherwise than to persons to whom the scheme applies in accordance with subsection (1) of that section;
e
grants under section 3 of that Act of 1987 (grants for workforce redeployment and reduction etc.);
f
grants under section 1 of the Coal Industry Act 1990 (deficiency grants).
1967 c. 91.
1982 c. 15.
1976 c. 1.
1977 c. 39.
1987 c. 3.
1990 c. 3.