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The National Health Service Trusts (Originating Capital Debt) (Wales) Order 1998

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Citation, commencement and interpretation

1.—(1) This Order may be cited as the National Health Service Trusts (Originating Capital Debt) (Wales) Order 1998 and shall come into force on 31st 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.

Signed by authority of the Secretary of State for Wales

Win Griffiths

Parliamentary Under Secretary of State, Welsh Office

27th February 1998

We consent,

Graham Allen

Bob Ainsworth

Two of the Lords Commissioners of Her Majesty’s Treasury

6th March 1998

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