The National Health Service Trusts (Originating Capital Debt) (Wales) (No. 2) Order 1995

Statutory Instruments

1995 No. 2783

NATIONAL HEALTH SERVICE, ENGLAND AND WALES

The National Health Service Trusts (Originating Capital Debt) (Wales) (No. 2) Order 1995

Made

19th October 1995

Coming into force

10th November 1995

The Secretary of State for Wales, in exercise of the 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) (Wales) (No. 2) Order 1995 and shall come into force on 10th November 1995.

(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.

William Hague

Secretary of State for Wales

12th October 1995

We consent,

Simon Burns

Derek Conway

Two of the Lords Commissioners of Her Majesty’s Treasury

19th October 1995

Article 2

SCHEDULE

(1)	(2)	(3)	(4)
NHS Trust	Originating Capital Debt £	Initial Loan £	Public Dividend Capital £
Derwen	4,680,000	2,340,000	2,340,000
East Glamorgan	44,809,259	15,235,148	29,574,111
Gwynedd Community Health	27,709,594	13,854,797	13,854,797
Gwynedd Hospitals	45,538,128	22,769,064	22,769,064
Mid Glamorgan Ambulance	3,524,112	1,762,056	1,762,056
Morriston Hospital	70,119,230	35,059,615	35,059,615
North Wales Ambulance	4,897,094	2,448,547	2,448,547
Neville Hall and District	33,336,378	16,668,189	16,668,189
Rhondda Health Care	20,449,816	10,224,908	10,224,908
Velindre	9,142,046	4,571,023	4,571,023

Explanatory Note

(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 1994. It provides also for the splitting of the originating capital debts into loan and public dividend capital.

(1)

1990 c. 19.

(2)

See section 9(8) of the National Health Service and Community Care Act 1990.