Schedule KINDS OF EXPENDITURE

(i)

Payments in respect of redundant employees made under section 81 of the Employment Protection (Consolidation) Act 1978^f1(a).

(ii)

Payments made for the purpose of assisting persons who leave the employment of the Corporation by virtue of redundancy or early retirement and expenditure on the provision of concessionary coal for that purpose, being payments made or expenditure incurred under arrangements established by the Corporation.

(iii)

Payments in respect of the loss of superannuation prospects by persons leaving the employment of the Corporation by virtue of redundancy or early retirement.

(iv)

Contributions to superannuation funds maintained by virtue of section 37 of the Coal Industry Nationalisation Act 1946^f2(b) in respect of any increase in the cost of retirement benefits paid before normal retirement age to persons who leave the employment of the Corporation by virtue of redundancy or early retirement.

Annotations

Footnotes

f1: 1978 c. 44; section 81(4) was amended by the Employment Act 1982 (c. 46), section 20 and Schedule 2, paragraph 6(2).
f2: 1946 c. 59.