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The National Health Service Trusts (Originating Capital Debt) Order 1998
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- 1998 No. 492
- Whole Instrument without Schedules
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Citation, commencement and interpretation
1.—(1) This Order may be cited as the National Health Service Trusts (Originating Capital Debt) Order 1998 and shall come into force on 16th March 1998.
(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.
Frank Dobson
Secretary of State for Health
25th February 1998
We consent,
Jim Dowd
Graham Allen
Two of the Lords Commissioners of Her Majesty’s Treasury
25th February 1998
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