British Coal Corp.

The British Coal Corporation was a nationalised corporation responsible for the mining of coal in the United Kingdom. It existed from the 1946 Labour Government 1945-1951's Coal Industry Nationalisation Act establishing the National Coal Board (NCB) (1946−1987), until the 1997 disestablishment of the British Coal Corporation (1987−1997).

In 1987, the NCB became the British Coal Corporation. With the passing of the Coal Industry Act 1994, the 16th and last Coal Industry Act, the industry wide administrative functions of British Coal were transferred to a new authority, the Coal Authority.

Subject ID: 89921

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The British Coal Corporation was a nationalised corporation responsible for the mining of coal in the United Kingdom. It existed from the 1946 Labour Government 1945-1951's Coal Industry Nationalisation Act establishing the National Coal Board (NCB) (1946−1987), until the 1997 disestablishment of the British Coal Corporation (1987−1997).

In 1987, the NCB became the British Coal Corporation. With the passing of the Coal Industry Act 1994, the 16th and last Coal Industry Act, the industry wide administrative functions of British Coal were transferred to a new authority, the Coal Authority.

All economic assets were privatised. The English mining operations were merged with RJB Mining to form UK Coal plc. This formed a monopoly that was exempted from EU competition laws. The British Coal Corporation officially ceased on 26 January 1997.

The business was succeeded by the Coal Authority.

Subject ID: 89921

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