§ Mr. Gryllsasked the Secretary of State for Industry whether, in the light of amendments made to the compensation terms under the Coal Nationalisation Act 1946 in 1950 and 1951, he wishes to correct the statement given by the Under-Secretary of State on 29 October, Official Report, column 670, regarding the past practice on amending compensation terms; and if he will consequentially reconsider the possibility of amending the compensation provisions of the Aircraft and Shipbuilding Industries Act 1977.
§ Mr. Michael MarshallThe general principles of compensation under the Coal Industry Nationalisation Act 1946 were not amended by subsequent primary legislation, although detailed changes were made by the Coal Industry Act 1949, which removed restrictions on the disposal of Government stock, and by the Coal Industry (No. 2) Act 1949, which made further provisions for certain interim payments pending the final satisfaction of compensation.
My hon. Friend appears to be referring to certain statutory instruments made in 1950 and 1951, which amended the Coal Industry Nationalisation (Valuation of Compensation Units) Regulations 1947 (S.R. & O. No. 1345). Those regulations were made under powers conferred by the Coal Industry Nationalisation Act 1946. The 1947 regulations gave effect to the provisions of the 1946 Act, which laid down the general principles and procedures by which compensation was to be determined. These regulations were amended subsequently on points of detailed application of principles and procedure.