1995 No. 577 (S.46)
NATIONAL HEALTH SERVICE, SCOTLAND

The National Health Service Trusts (Originating Capital Debt) (Scotland) Order 1995

Made
Coming into force
The Secretary of State, in exercise of the powers conferred on him by section 12E(1) and (4) of the National Health Service (Scotland) Act 19781, and of all other powers enabling him in that behalf, with the consent of the Treasury, hereby makes the following Order:

Citation, commencement and interpretation1.

(1)

This Order may be cited as the National Health Service Trusts (Originating Capital Debt) (Scotland) Order 1995 and shall come into force on 14th March 1995.

(2)

In this Order “the Schedule” means the Schedule to this Order.

Originating capital debt of NHS trusts2.

(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.

Fraser of Carmyllie
Minister of State, Scottish Office

St Andrew’s House,

Edinburgh

We consent,

D Conway
A J B Mitchell
Two of the Lords Commissioners of Her Majesty’s Treasury

SCHEDULEORIGINATING CAPITAL DEBTS

Article 2

Column 1

Column 2

Column 3

Column 4

NHS TRUST

Originating Capital Debt

Initial Loan

Public Dividend Capital

£

£

£

1.

Angus NHS Trust

43,283,523

21,641,761

21,641,762

2.

Central Scotland Healthcare NHS Trust

96,492,169

48,246,084

48,246,085

3.

Dumfries and Galloway Acute and Maternity Hospitals NHS Trust

27,241,180

13,620,590

13,620,590

4.

Dundee Healthcare NHS Trust

52,936,320

26,468,160

26,468,160

5.

East and Midlothian NHS Trust

58,213,367

29,106,683

29,106,684

6.

Edinburgh Healthcare NHS Trust

103,468,000

51,734,000

51,734,000

7.

Edinburgh Sick Children’s NHS Trust

10,647,868

5,323,934

5,323,934

8.

Falkirk and District Royal Infirmary NHS Trust

39,575,714

19,787,857

19,787,857

9.

Fife Healthcare NHS Trust

64,701,470

32,350,735

32,350,735

10.

Glasgow Royal Infirmary University NHS Trust

125,366,768

62,683,384

62,683,384

11.

Greater Glasgow Community and Mental Health Services NHS Trust

131,806,246

65,903,123

65,903,123

12.

Hairmyres and Stonehouse Hospitals NHS Trust

48,445,608

24,222,804

24,222,804

13.

Highland Communities NHS Trust

52,367,698

26,183,849

26,183,849

14.

Inverclyde Royal NHS Trust

32,402,709

16,201,354

16,201,355

15.

Kirkcaldy Acute Hospitals NHS Trust

36,226,229

18,113,114

18,113,115

16.

Law Hospital NHS Trust

32,481,128

16,240,564

16,240,564

17.

Perth and Kinross Healthcare NHS Trust

73,851,237

36,925,618

36,925,619

18.

Queen Margaret Hospital NHS Trust

66,464,716

33,232,358

33,232,358

19.

Renfrewshire Healthcare NHS Trust

66,815,405

33,407,702

33,407,703

20.

Royal Infirmary of Edinburgh NHS Trust

143,427,961

71,713,980

71,713,981

21.

Stobhill NHS Trust

59,156,964

29,578,482

29,578,482

22.

West Glasgow Hospitals University NHS Trust

97,117,920

48,558,960

48,558,960

23.

Western General Hospitals NHS Trust

81,147,178

40,573,589

40,573,589

(This note is not part of the Order)

This Order determines the amount of the originating capital debt provided for in section 12E of the National Health Service (Scotland) Act 1978 of NHS trusts established under that Act with an operational date of 1st April 1994 or, in the case of Central Scotland Healthcare National Health Service Trust, 1st October 1994. It provides also for the splitting of the originating capital debts into loan and public dividend capital.