Merthyr Vale Colliery closed in 1989. In 1997 Ron Davies, the Secretary of State for Wales in the incoming Labour government, repaid to the disaster fund the £150,000 that it had been induced to contribute towards the cost of tip removal. No allowance was made for inflation or the interest that would have been earned over the intervening period, which would have been £1.5 million in 1997. The payment was made in part after Iain McLean's examination of the papers released by the government. In February 2007 the Welsh Government announced a donation of £1.5 million to the Aberfan Memorial Charity and £500,000 to the Aberfan Education Charity, which represented an inflation-adjusted amount of the money taken. The money to the memorial charity was used in the upkeep of the memorials to the disaster.