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Shipbuilding Act 1985(repealed 5.11.1993 for Act except s. 1 and 1.4.1996 otherwise)

1985 c. 14 · Enacted 27 March 1985 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 1 April 1996.

Annotations to the whole text

Textual amendments

F1

Act repealed (5.11.1993 except for s. 1 and 1.4.1996 otherwise) by 1993 c. 50, s. 1(1), Sch. 1 Pt. IX Group 1; S.I. 1996/509, art. 2

Contents

  1. 1Schemes under the 1978 Act.
  2. 2The loan under the 1967 Act.
  3. 3Short title and extent.

1Schemes under the 1978 Act.

(1)

This section extends the period in respect of which schemes made under the M1Shipbuilding (Redundancy Payments) Act 1978 have effect.

(2)

In—

(a)

Article 2(1) of the Scheme set out in Schedule 2 to the Shipbuilding (Redundancy Payments Scheme) (Great Britain) M2Order 1981, as amended by Article 2(2) of the M3Shipbuilding (Redundancy Payments Scheme) (Great Britain) (Amendment) Order 1982; and

(b)

Article 2(1) of the Scheme set out in Schedule 2 to the M4Shipbuilding (Redundancy Payments Scheme) (Northern Ireland) Order 1981 M5, as amended by Article 2(2) of the Shipbuilding (Redundancy Payments Scheme) (Northern Ireland) (Amendment) Order 1982;

for the words “eight years” there shall, in each case, be substituted the words “ nine years and six months ”.

(3)

Section 2(4) of the Act of 1978 is hereby repealed.

2The loan under the 1967 Act.

(1)

All outstanding liabilities in respect of the loan made by the Shipbuilding Industry Board to Upper Clyde Shipbuilders Limited under section 4 of the M1Shipbuilding Industry Act 1967 are hereby extinguished.

(2)

The assets of the National Loans Fund shall accordingly be reduced by £2,169,106. 99 in respect of the principal outstanding and £120,671.19 in respect of the interest outstanding.

3Short title and extent.

(1)

This Act may be cited as the Shipbuilding Act 1985.

(2)

This Act extends to Northern Ireland.