The Coal Industry Nationalisation (Superannuation) (Amendment) Regulations 1968 No. 748

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Statutory Instruments

1968 No. 748

COAL INDUSTRY

The Coal Industry Nationalisation (Superannuation) (Amendment) Regulations 1968

Made

8th May 1968

Laid before Parliament

16th May 1968

Coming into Operation

1st June 1968

The Minister of Power in exercise of the powers conferred upon him by section 37 of the Coal Industry Nationalisation Act 1946 as amended by section 4 of the Coal Industry Act 1949, section 14 of the Miners' Welfare Act 1952 and section 4(1) of the Coal Industry Act 1965 and of all other enabling powers, hereby makes the following regulations:-

1. These regulations may be cited as the Coal Industry Nationalisation (Superannuation) (Amendment) Regulations 1968 and shall come into operation on 1st June 1968.

2. At the end of regulation 1 of the Coal Industry Nationalisation (Superannuation) Regulations 1950(1), as amended(2), there shall be inserted the following paragraph:-

"(3) For the purposes of any scheme established by the Board with the Minister's approval the service of any person as a whole-time member of the Board, being a person who was a participant in any such scheme when he became such a member, may be treated as if it were service to which the scheme relates."

R. J. Gunter

Minister of Power

Dated 8th May 1968

EXPLANATORY NOTE

These regulations amend the Coal Industry Nationalisation (Superannuation) Regulations 1950 so as to provide that, for the purposes of a pension scheme established by the National Coal Board under those regulations, service as a whole-time member of the Board may be treated as a service to which the scheme relates where the person concerned was a participant in the scheme when he became a member of the Board.

(1)

(1950 I, p. 356).

(2)

The amending regulations are not relevant to the subject matter of these regulations.


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URL: http://www.bailii.org/uk/legis/num_reg/1968/uksi_1968748_en.html