The National Health Service Trusts (Originating Capital Debt) Order 1999

Statutory Instruments

1999 No. 809

NATIONAL HEALTH SERVICE, ENGLAND AND WALES

The National Health Service Trusts (Originating Capital Debt) Order 1999

Made

12th March 1999

Coming into force

1st April 1999

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 1999 and shall come into force on 1st April 1999.

(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

One of Her Majesty’s Principal Secretaries of State,

Department of Health

11th March 1999

We consent,

Jane Kennedy

Jim Dowd

Two of the Lords Commissioners of Her Majesty’s Treasury

12th March 1999

(Article 2)

SCHEDULE

(1)	(2)	(3)	(4)
NHS Trust	Originating Capital Debt	Initial Loan	Public Dividend Capital
	£	£	£
Gateshead Health NHS Trust	52,474,000	13,355,000	39,119,000
Leeds Teaching Hospitals NHS Trust	177,319,000	45,654,000	131,668,000
North Durham Health Care NHS Trust	18,600,000	4,650,000	13,950,000
South Durham Health Care NHS Trust	59,146,000	14,786,000	44,360,000
County Durham and Darlington Priority Services NHS Trust	10,259,000	2,627,000	7,632,000
Newcastle upon Tyne Hospitals NHS Trust	133,596,000	34,037,000	99,559,000
Northumbria Health Care NHS Trust	113,151,000	28,288,000	84,863,000
Southern Derbyshire Acute Hospitals NHS Trust	86,904,000	22,208,000	64,696,000
Royal Brompton and Harefield NHS Trust	100,739,000	25,917,000	74,822,000
Surrey Hampshire Borders NHS Trust	37,519,000	9,380,000	28,139,000
Ashford and St. Peter’s NHS Trust	83,214,000	21,771,000	61,443,000
Thames Gateway NHS Trust	38,262,000	10,675,000	27,587,000
Surrey Oaklands NHS Trust	11,883,000	3,258,000	8,625,000
Surrey and Sussex Healthcare NHS Trust	92,319,000	23,080,000	69,239,000
South Warwickshire Combined Care NHS Trust	18,400,000	5,374,000	13,026,000
Shropshire Community and Mental Health Services NHS Trust	29,800,000	7,696,000	22,104,000
Morecambe Bay Hospitals NHS Trust	96,543,000	26,912,000	69,631,000
Bay Community NHS Trust	18,946,000	4,736,000	14,210,000

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 1998. It provides also for dividing the originating capital debts between initial loan and public dividend capital.

(1)

1990 c. 19.

(2)

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