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Article 5

Original text. Later amendments are not shown.

(1)

The maximum amount which may be paid under section 3 of the Actby way of grant in respect of the 1991/92 financial year in relation tothe kinds of expenditure specified under a Head in the Schedule is thatsum which represents 90 per cent. of—

(a)

the relevant amount of costs specified in paragraph (2) below; or

(b)

if a larger amount has been agreed in respect of those costs forthe purposes of section 3(2)(b) of the Act, that larger amount.

(2)

For the purposes of paragraph (1)(a) above the relevant amount ofcosts is—

(a)

in the case of Heads 1, 2 and 5, the total amount of chargeablecosts of the relevant companies which are related to the kinds ofexpenditure specified under the Head in question; and

(b)

in the case of Head 6, the total amount of chargeable costs of theCorporation’s wholly-owned subsidiary British Coal Enterprise Limitedwhich are related to the kinds of expenditure specified under that Headless the total amount of any chargeable costs of that subsidiary whichare related to the kinds of expenditure specified under Heads 1, 2 and5.