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- Point in Time (01/03/1995)
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Version Superseded: 30/06/1995
Point in time view as at 01/03/1995. This version of this provision has been superseded.
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There are currently no known outstanding effects for the Coal Industry Nationalisation Act 1946, Section 2.
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(1)[F1The Corporation] shall be a body corporate by the name of [F1“British Coal Corporation”], with perpetual succession and a common seal . . . F2.
(2)The [F3Corporation]shall consist of a chairman and [F4not less than eight nor more than fourteen other members].
(3)The chairman and other members of the [F3Corporation]shall be appointed by [F5the Secretary of State] (in this Act referred to as “the Minister”) from amongst persons appearing to him to be qualified as having had experience of, and having shown capacity in, industrial, commercial or financial matters, applied science, administration, or the organisation of workers.
(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F6
(5)The Minister shall appoint one of the members of the [F3Corporation]to act as deputy chairman.
(6)There shall be paid to the members of the [F3Corporation]such salaries and allowances as may be determined by the Minister with the approval of [F7the Treasury], and, on the retirement or death of any of them as to whom it may be so determined to make such provision, such pensions and gratuities to them or to others by reference to their service as may be so determined.
The said salaries and allowances, and any such pensions and gratuities as aforesaid, shall be paid out of the revenues of the [F3Corporation].
(7)The Minister may make regulations with respect to—
(a)the appointment of, and the tenure and vacation of office by, the members of the [F8Corporation];
(b)the quorum, proceedings and meetings of the [F8Corporation], and determinations of the [F8Corporation]; and
(c)the execution of instruments and the mode of entering into contracts by and on behalf of the [F8Corporation], and the proof of documents purporting to be executed, issued or signed by the [F8Corporation] or a member, officer or servant thereof.
(8)Subject to the provisions of any regulations made under the last preceding subsection, the [F8Corporation]shall have power to regulate their own procedure.
Textual Amendments
F1Words substituted by Coal Industry Act 1987 (c. 3, SIF 86), s. 1(1)(2), Sch. 1 para. 1(2)
F2Words repealed by Charities Act 1960 (c. 58), Sch. 7 Pt. II
F3Word substituted by Coal Industry Act 1987 (c. 3, SIF 86), s. 1(1)(2), Sch. 1 para. 1(3)
F4Words substituted by Coal Industry Act 1973 (c. 8), s. 10, Sch. 1 para. 1
F5Words substituted by virtue of S.I. 1957/48 (1957 I, p. 1439), 1969/1498, arts. 2(1), 5(6) and 1970/1537, arts. 2(2), 7(4)
F7Words substituted by virtue of S.I. 1981/1670, arts. 2(1)(c), (2), 3(5)
F8Word substituted by Coal Industry Act 1987 (c. 3, SIF 86), s. 1(1)(2), Sch. 1 para. 1(3)
Modifications etc. (not altering text)
C1S. 2(3)(5) extended by Coal Industry Act 1949 (c. 53), s. 1(2), (4) respectively
C2S. 2(6) excluded by Coal Industry Act 1965 (c. 82), s. 4(1)
S. 2(6) modified (31.10.1994) by 1994 c. 21, s. 23(6) (with ss. 40(7), 66); S.I. 1994/2553, art. 2
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