Coal Industry Act 1992 (repealed)

Section 3 of the Coal Industry Act 1987 (grants to British Coal Corporation towards expenditure on workforce redeployment and reduction etc. in respect of costs falling to be charged to accounts in respect of relevant financial years) shall be amended as follows.

In subsection (4)(a) (which defines “relevant financial year” as a year ending not later than March 1993) for the words “March 1993” there shall be substituted the words “March 1996”.

In subsection (6) (aggregate grants not to exceed £1,250 million or, if an order so provides, £1,500 million) for the words “£1,250 million” there shall be substituted the words “£2,500 million” and for the words “£1,500 million” there shall be substituted the words “£3,000 million”.

This Act may be cited as the Coal Industry Act 1992.

This Act and the Coal Industry Acts 1946 to 1990 may be cited together as the Coal Industry Acts 1946 to 1992.

The enactments mentioned in the Schedule to this Act are repealed to the extent specified in the third column of that Schedule.

Section 2 above, Part II of the Schedule to this Act and so much of subsection (3) above as relates to that Part shall not come into force until such day as the Secretary of State may appoint by an order made by statutory instrument; and any such order may appoint different days for the coming into force of those provisions in relation to different cases and contain such transitional provisions as the Secretary of State thinks necessary or expedient.

This Act does not extend to Northern Ireland.