Statutory Instruments
COAL INDUSTRY
Laid before the House of Commons in draft
Made
25th March 1986
Coming into Operation
30th March 1986
The Secretary of State, in exercise of the powers conferred upon him by section 3(3) of the Coal Industry Act 1985 and with the approval of the Treasury, hereby makes the following Order, a draft of which has been laid before the Commons House of Parliament and has been approved by that House in accordance with section 3(4) of that Act:-
1. This Order may be cited as the Coal Industry (Limit on Payments in respect of Redundant Mineworkers) Order 1986 and shall come into operation on 30th March 1986.
2. The limit specified in sub-section (5) of section 7 of the Coal Industry Act 1977(1) on the aggregate amount of the payments made by the Secretary of State under that section during certain financial years is hereby increased from £1,200 million to £1,800 million.
David Hunt
Parliamentary Under Secretary of State
Department of Energy
24th March 1986
We approve
T. Sainsbury
A. Hamilton
Two of the Lords Commissioners of Her Majesty's Treasury
25th March 1986
Section 7(1) and (2) of the Coal Industry Act 1977 as amended empowers the Secretary of State to make schemes providing for the making of payments by him in respect of persons who are employed at coal mines or coking plants or in ancillary work and who become redundant. Section 7(5) as amended imposes a limit of £1,200 million on the aggregate amount of such payments during the period from the financial year of the National Coal Board ending in March 1979 to that ending in March 1987.
Under section 3(3) of the Coal Industry Act 1985 the Secretary of State has power to increase this limit by Order made with the approval of the Treasury. This Order increases the limit to £1,800 million, the maximum permitted by section 3(3).
section 7(5) was substituted by the Coal Industry Act 1980 (c.50), section 7(3), and amended by the Coal Industry Act 1982 (c. 15), section 4(2), the Coal Industry Act 1983 (c. 60), section 4(3), and the Coal Industry Act 1985 (c. 27), section 3(2)