# Coal Industry Nationalisation Act 1946, Paragraph 3


(1) Any person who has been in the employment of a body corporate to which this head then applied.
(2) This head applies to a body corporate in which the Corporation, or a subsidiary of the Corporation, has an interest of a prescribed kind where—
(a) more than one-half in nominal value of the equity share capital of the body corporate is held by nationalised bodies, or
(b) its members consist of or include nationalised bodies, and those nationalised bodies can together control the composition of the Corporationof directors of the body corporate, or
(c) the body corporate is a subsidiary of another body corporate to which this head applies.
(3) In this head “prescribed” means prescribed by regulations under section 37 of this Act, and those regulations may prescribe different kinds of interests for cases within paragraphs (a), (b) and (c) above respectively.

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Source: https://www.legislation.gov.uk/ukpga/Geo6/9-10/59/schedule/2A/paragraph/3 (the official version)
Page: https://openlegislation.uk/coal-industry-nationalisation-act-1946/schedule-2A/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.