- Statutory Instrument 1997 No. 652
The National Health Service Trusts (Originating Capital Debt) Order 1997
© Crown Copyright 1997
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STATUTORY INSTRUMENTS
1997 No. 652
| Made | 6th March 1997 | ||
| Coming into force | 17th March 1997 |
The Secretary of State for Health, in exercise of powers conferred on him by section 9(1) and (4) of the National Health Service and Community Care Act 1990[1] and of all other powers enabling him in that behalf, with the consent of the Treasury[2], 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) Order 1997 and shall come into force on 17th March 1997.
(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.
Stephen Dorrell
Secretary of State for Health
4th March 1997
We consent,
Gyles Brandreth
Roger Knapman
Two of the Lords Commissioners of Her Majesty's Treasury
6th March 1997
| (1) | (2) | (3) | (4) |
| NHS Trust | Originating capital debt | Initial loan | Public dividend capital |
| £ | £ | £ | |
| Birmingham Heartlands and Solihull (Teaching) NHS Trust | 98,085,120 | 45,003,510 | 53,081,610 |
| Hartlepool and East Durham NHS Trust | 36,921,536 | 18,219,473 | 18,702,063 |
| Lincoln and Louth NHS Trust | 55,774,442 | 27,024,730 | 28,749,712 |
| London Ambulance Service NHS Trust | 50,169,048 | 25,084,524 | 25,084,524 |
| South Durham NHS Trust | 8,682,389 | 3,797,570 | 4,884,819 |
| University College London Hospitals NHS Trust | 140,766,335 | 67,282,835 | 73,483,500 |
| Worcestershire Community Healthcare NHS Trust | 38,743,589 | 18,352,226 | 20,391,363 |
(This note is not part of the Order)
This Order determines the amount of the originating capital debt provided for in section 9 of the National Health Service and Community Care Act 1990 of NHS trusts established under that Act with an operational date of 1st April 1996. It provides also for the splitting of the originating capital debts into initial loan and public dividend capital.
Notes:
[1] 1990 c.19. back
[2]
ISBN 0 11 064095 0