The British Coal Staff Superannuation Scheme (Modification) Regulations 1994

Citation and Commencement

1.  These Regulations may be cited as the British Coal Staff Superannuation Scheme (Modification) Regulations 1994 and shall come into force on 31st October 1994.

Interpretation

2.  In these Regulations

“the 1946 Act” means the Coal Industry Nationalisation Act 1946(1);

“the 1994 Act” means the Coal Industry Act 1994;

“the Scheme” means the British Coal Staff Superannuation Scheme which was established under the Coal Industry Nationalisation (Superannuation) Regulations 1946(2) made under section 37 of the 1946 Act on 1 January 1947 by a resolution of 31 December 1946 of the National Coal Board and which was amended and continued to have effect by a resolution of 18 July 1947 of that Board and was further amended by subsequent resolutions of that Board the name of which was changed to the British Coal Corporation by section 1(1) of the Coal Industry Act 1987(3).

Continuance in Force of the Scheme

3.  The Scheme, being an existing scheme within the meaning of Schedule 5 to the 1994 Act, shall continue in force notwithstanding the repeal by the 1994 Act of section 37 of the 1946 Act and of the enactments modifying that section.

Modification of the Scheme

4.  The Scheme shall be modified so as to have effect as set out in the Schedule hereto by the omission of the provisions thereof which are crossed out in that Schedule and the insertion of the provisions which appear therein in italics.

Tim Eggar

Minister for Industry and Energy,

Department of Trade and Industry

4th October 1994