Statutory Instrument 1994 No. 2577

      The Mineworkers' Pension Scheme (Modification) Regulations 1994


      © Crown Copyright 1994

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STATUTORY INSTRUMENTS

1994 No. 2577

COAL INDUSTRY

The Mineworkers' Pension Scheme (Modification) Regulations 1994

Made 4th October 1994
Laid before Parliament 7th October 1994
Coming into force 31st October 1994


    The Secretary of State, in exercise of the powers conferred on him by section 22(1) of, and paragraph 2(1), (2), (3), (4), (5), (6), (7,) (8) and (11) and paragraph 5(1) and (2) of Schedule 5 to, the Coal Industry Act 1994[1] and of all other enabling powers, after consulting, in accordance with paragraph 2(13) of Schedule 5 to that Act, with the British Coal Corporation and the trustees of the Mineworkers' Pension Scheme, hereby makes the following Regulations—
    Citation and Commencement
        1.    These Regulations may be cited as the Mineworkers' Pension 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[2];

      "the 1994 Act" means the Coal Industry Act 1994;

      "the Scheme" means the Mineworkers' Pension Scheme which was established under the Coal Industry Nationalisation (Superannuation) Regulations 1950[3] made under section 37 of the 1946 Act on 1 January 1952 by a resolution of 25 October 1951 of the National Coal Board and which was 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[4].

    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





Notes:

[1] 1994 c. 21. back

[2] 1946 c. 59. back

[3] S.R. &O. 1950/376. back

[4] 1987 c. 3. back

 

Explanatory Note


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