OpenLegislation

Article 2

Original text. Later amendments are not shown.

In this Order, unless the context otherwise requires—

  • “the 1991/92 financial year” means the financial year of the Corporation ending in March 1992;

  • “the Act” means the Coal Industry Act 1987;

  • “the Corporation” means the British Coal Corporation;

  • “chargeable costs” means costs which fall to be charged to a consolidated profit andloss account of the Corporation and their subsidiaries prepared inaccordance with a direction given under section 8(1) of the CoalIndustry Act 1971f1 for the 1991/92 financial year;

  • “employees” means employees of a relevant company;

  • “payments” means periodical or lump sum payments;

  • “relevant company” means the Corporation, their wholly-owned subsidiary National FuelDistributors Limited or their wholly-owned subsidiary British CoalEnterprise Limited and the expression“relevant companies” shall be construed accordingly;

and references to payments, contributions or expenditure arereferences to payments, contributions or expenditure by a relevantcompany.

Annotations

Footnotes

f1

1971 c. 16.