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- Point in Time (31/10/1994)
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Version Superseded: 27/03/2004
Point in time view as at 31/10/1994. This version of this provision has been superseded.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 28.
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(1)The [F1Corporation]shall make to the Minister, at such times and in such manner as he may, with the approval of the Treasury, direct,—
F2(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
[F3(b)payments of interest on sums lent to the [F1Corporation]by the Minister under section 1(6) of the M1Coal Industry Act 1965 at such rate as he may so direct, and payments, of such amounts as he may so direct, in or towards repayment of such sums.]
(2)Sums received by the Minister under this section shall be paid into the Exchequer . . . F4
(3)The Minister shall lay before each House of Parliament a statement of any payments due from the [F1Corporation]under this section which are not duly paid to him as required thereunder.
Textual Amendments
F1Word substituted by Coal Industry Act 1987 (c. 3, SIF 86), s. 1(1)(2), Sch. 1 para. 1(3)
F2S. 28(1)(a) repealed by Statute Law (Repeals) Act 1973 (c. 39), Sch. 1 Pt. X
F3S. 28(1)(b) substituted by Coal Industry Act 1965 (c. 82), Sch. 1 para. 2
F4Words repealed by National Loans Act 1968 (c. 13), Sch. 6 Pt. I
Modifications etc. (not altering text)
C1S. 28 excluded and extended by Coal Industry Act 1980 (c. 50, SIF 86), s. 2(2)
C2S. 28(1)(b)(2) amended by National Loans Act 1968 (c. 13), Sch. 1
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