(1) This Order may be cited as the Industrial Training (Electricity Supply Board) (Revocation) Order 1973.
(2) Article 3 of this Order shall come into operation on 1st March 1974.
(3) The provisions of this Order, other than Article 3, shall come into operation on 1st January 1974.
(4) In this Order—
(a) “ the Act ” means the Industrial Training Act 1964 and references in this Order to sections are references to sections in the Act;
(b) “ the Board ” means the Electricity Supply Industry Training Board;
(c) “ the electricity supply industry ” means the industry described in the Industrial Training Order;
(d) “ employer in the electricity supply industry ” means any of the following, that is to say—
(i) the Electricity Council;
(ii) the Central Electricity Generating Board;
(iii) an Area Electricity Board;
(iv) the North of Scotland Hydro-Electric Board;
(v) the South of Scotland Electricity Board;
(vi) the London Transport Executive;
(e) “ the Industrial Training Order ” means the Industrial Training (Electricity Supply Board) Order 1965 ;
(f) “ the remaining assets ” means any amount by which the assets of the Board immediately before 1st March 1974 may exceed the amount which has been required to meet the liabilities of the Board and the expenses of the winding up.
(5) The Interpretation Act 1889 shall apply to the interpretation of this Order as it applies to the interpretation of an Act of Parliament and as if this Order and the Industrial Training Order were Acts of Parliament.