The National Health Service Trusts (Originating Capital Debt) (Scotland) Order 1994 No. 496 (S. 18)

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Statutory Instruments

1994 No. 496 (S. 18)

NATIONAL HEALTH SERVICE, SCOTLAND

The National Health Service Trusts (Originating Capital Debt) (Scotland) Order 1994

Made

25th February 1994

Coming into force

9th March 1994

The Secretary of State, in exercise of the powers conferred on him by section 12E(1) and (4) of the National Health Service (Scotland) Act 1978(1), and of all other powers enabling him in that behalf, with the consent of the Treasury, hereby makes the following Order:

Citation, commencement and interpretation

1.-(1) This Order may be cited as the National Health Service Trusts (Originating Capital Debt) (Scotland) Order 1994 and shall come into force on 9th March 1994.

(2) In this Order "the Schedule" means the Schedule to this Order.

Originating capital debt of NHS trusts

2.-(1) The originating capital debt of an NHS trust specified in column 1 of the Schedule shall be of the amount specified opposite it in column 2 of the Schedule.

(2) Each originating capital debt specified in column 2 of the Schedule shall be divided between an initial loan of an amount specified opposite it in column 3 of the Schedule and public dividend capital of an amount specified opposite it in column 4 of the Schedule.

Fraser of Carmyllie

Minister of State, Scottish Office

St Andrew's House,

Edinburgh

21st February 1994

We consent,

Timothy Kirkhope

Andrew Mackay

Two of the Lords Commissioners of Her Majesty's Treasury

25th February 1994

Article 2

SCHEDULEORIGINATING CAPITAL DEBTS

Column 1Column 2Column 3Column 4
NHS TRUSTOriginating Capital DebtInitial LoanPublic Dividend Capital
£££
Ayrshire and Arran Community Health Care NHS Trust51,964,84025,982,42025,982,420
Caithness and Sutherland NHS Trust15,485,9057,742,9537,742,952
Dundee Teaching Hospitals NHS Trust122,362,52961,181,26561,181,264
Grampian Healthcare NHS Trust178,791,31289,395,65689,395,656
Monklands and Bellshill Hospitals NHS Trust41,413,27820,706,63920,706,639
Moray Health Services NHS Trust22,090,51211,045,25611,045,256
North Ayrshire and Arran NHS Trust76,642,81838,321,40938,321,409
Raigmore Hospital NHS Trust52,732,27826,366,13926,366,139
Royal Alexandra Hospital NHS Trust61,677,00030,838,50030,838,500
Royal Scottish National Hospital and Community NHS Trust27,302,20713,651,10413,651,103
Southern General Hospital NHS Trust57,797,00028,898,50028,898,500
Stirling Royal Infirmary NHS Trust42,019,39921,009,70021,009,699
Victoria Infirmary NHS Trust44,305,88022,152,94022,152,940
West Lothian NHS Trust94,257,27247,128,63647,128,636
Yorkhill NHS Trust37,872,18118,936,09118,936,090

Explanatory Note

(This note is not part of the Order)

This Order determines the amount of the originating capital debt provided for in section 12E of the National Health Service (Scotland) Act 1978 of NHS trusts established under that Act with an operational date of 1st April 1993. It provides also for the splitting of the originating capital debts into loan and public dividend capital.

(1)

1978 c. 29. Section 12E was inserted by the National Health Service and Community Care Act 1990 (c. 19), section 31.


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