Paragraph 7
England, Wales and Scotland
Notwithstanding anything in paragraph 6 above if, at the time at which compensation becomes payable in respect of a retained interest, the F1Corporation pay compensation in good faith to the person who produces the acceptance notice relating to that interest, the surrender of that notice to the Corporation by way of receipt for the compensation shall constitute an adequate discharge to the Corporation of their liability to pay that compensation, without any further proof that the person producing the acceptance notice is entitled in accordance with paragraph 6 above to receive the compensation.
Annotations
Textual amendments
- F1
Sch. 2 para. 7: for "Board" and "Board's" wherever they occur in the Act (with specified exceptions) there is substituted "Corporation" and "Corporation's" by Coal Industry Act 1987 (c. 3, SIF 86), s. 1(2), Sch. 1 para. 28(2).
Notes on the whole Act
Textual amendments
- F1
In this Act, for the words “Board” and “Board's” wherever they occur (except in ss. 1(4), 2(5), (6), (8), paras. 2(a) and 3(c) of Sch. 1 and in the first place they occur in s. 3(8)) there is substituted the words “Corporation” and “Corporation's” by Coal Industry Act 1987 (c. 3, SIF 86), s. 1(2), Sch. 1 para. 28(2)
Notes on Schedule 2
Textual amendments
- F1
Sch. 2 repealed (31.10.1994) by 1994 c. 21, s. 67 Sch. 11 Pt. II (with ss. 40(7), 49, 66 and with savings in Sch. 7 para. 12(1)(b)(3)); S.I. 1994/2553, art. 2