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The Coal Industry (Coal Mining Successor Companies Target Investment Limit) Order 1995

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This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Explanatory Note

(This note is not part of the Order)

This Order fixes target investment limits for the Government shareholding in the listed successor companies which, at a time when they were wholly owned by the Crown, became entitled or subject, in accordance with restructuring schemes to certain property, rights and liabilities. Those successor companies acquired the former coal mining interests of the British Coal Corporation and are now no longer owned by the Crown. The Government shareholding must normally be kept below the limit specified.

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