
1 
This Order may be cited as the Coal Industry Act 1994 (British Coal Corporation) Extinguishment of Loans Order 1995 and shall come into force on 25th March 1995.
2 
The liabilities of the British Coal Corporation to make repayments of capital of £1,598,400,000 and payments of interest of £34,466,803 in respect of sums lent to it out of money provided by Parliament pursuant to section 2 of the Coal Industry Act 1980 are hereby extinguished.
Richard Page
Parliamentary Under Secretary for Industry and Energy,
Department of Trade and Industry
22nd February 1995We consent,
Derek Conway
Timothy Wood
Two of the Lords Commissioners of Her Majesty’s Treasury
27th February 1995