Article 2
The liabilities of the British Coal Corporation to make repayments of capital of £1,598,400,000 and payments of interest of £34,466,803 in respect of sums lent to it out of money provided by Parliament pursuant to section 2 of the Coal Industry Act 1980f1 are hereby extinguished.
Annotations
Footnotes
- f1
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1980 c. 50; section 2 was amended by the Coal Industry Act 1987 (c. 3), section 1(2) and Schedule 1, paragraph 36 and by section 3 of the Coal Industry Act 1990 (c. 3). The Coal Industry Act 1994, section 67(8) and Schedule II, Part III, provides for the repeal of section 2 of the Coal Industry Act 1980 but the relevant provisions have not yet been brought into force.