88. Reduction in membership and dissolution of the British Coal Corporation.

As soon after the restructuring date1 as it appeared to the Secretary of State2 that it was no longer necessary for the British Coal Corporation3 to continue to exist, he could by order dissolve it4. Such an order5 dissolved the British Coal Corporation on 27 March 20046.

Before making such an order, the Secretary of State consulted the Corporation and the Coal Authority7. The following changes8 were made to the membership of the Corporation:

  1.  

    (1)     the minimum number of members of the Corporation, in addition to the chairman, was reduced to one9;

  2.  

    (2)     the statutory requirements10 as to the persons