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These regulations amend the Iron and Steel (Compensation to Employees) Regulations 1968.
Service in the armed forces of the Crown, other than in certain specified circumstances, is excluded from employment qualifying for possible entitlement to compensation (regulation 3(a)). Persons who suffer loss of employment or loss or diminution of emoluments or pension rights in consequence of the making of a vesting or dissolution order under section 8 of the Iron and Steel Act 1969 are now included among those eligible for the determination and payment of compensation by the British Steel Corporation (regulation 3(b)).
In exercise of the power conferred by section 41(2) of the Iron and Steel Act 1949, as revived and amended by section 31 of the Iron and Steel Act 1967, regulation 3(b) is to have effect from 29th March 1970. Regulation 3(a) will however have effect from the date on which the regulations come into operation (regulation 1).
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