# The Coal Industry (Superannuation Scheme) (Winding Up, No. 10) Regulations 1956, Note: Explanatory note


These regulations provide for the winding up of certain parts of superannuation schemes (listed in the schedule to the regulations) which provided benefits for employees of colliery concerns. The members whom these parts covered are identified in reg. 1, and are those referred to in sec. 4 (2) of the Coal Industry Act, 1949. The schemes concerned, which covered other persons as well, were required to be split under the appropriate regulations made by the Minister of Fuel and Power under the Coal Industry Nationalisation Act, 1946; and only the National Coal Board's parts of the schemes are wound up by these regulations.
Assets and outstanding liabilities pass to the trustees of the principal superannuation scheme of the National Coal Board; and any surplus after discharge of these liabilities is to be applied for the purposes of that scheme.

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Source: https://www.legislation.gov.uk/uksi/1956/248/note (the official version)
Page: https://openlegislation.uk/coal-industry-superannuation-scheme-winding-up-no-10-regulations-1956/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.