Statutory Rules of Northern Ireland
1997 No. 186

HEALTH AND PERSONAL SOCIAL SERVICES
The Health and Social Services Trusts (Originating Capital Debt) Order (Northern Ireland) 1997

Made
28th March 1997

Coming into operation
28th March 1997

The Department of Health and Social Services, in exercise of the powers conferred on it by Article 14(1) and (4) of the Health and Personal Social Services (Northern Ireland) Order 1991(1), and all other powers enabling it in that behalf, and with the consent of the Department of Finance and Personnel in accordance with Article 14(8) of that Order, hereby makes the following Order:

Citation and commencement

1.  This Order may be cited as the Health and Social Services Trusts (Originating Capital Debt) Order (Northern Ireland) 1997 and shall come into operation on 28th March 1997.

Originating capital debt of HSS Trusts

2.—(1) The originating capital debt of an HSS trust specified in column 1 of the Schedule shall be of the amount specified opposite it in column 2.

(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 and public dividend capital of an amount specified opposite it in column 4.

Sealed with the Official Seal of the Department of Health and Social Services on

L.S.
B. McGahan
Assistant Secretary
28th March 1997.

The Department of Finance and Personnel hereby consents to the foregoing Order.

Sealed with the Official Seal of the Department of Finance and Personnel on

L.S.
J. G. Sullivan
Assistant Secretary
28th March 1997.

Article 2

SCHEDULEOriginating Capital Debts

Column 1
Column 2
Column 3
Column 4

HSS trust
Originating Capital Debt
Initial Loan
Public Dividend Capital

£
£
£

Altnagelvin Hospitals HSS Trust
39,105,393
19,552,696
19,552,697

Armagh and Dungannon HSS Trust
34,908,722
17,454,361
17,454,361

Foyle HSS Trust
30,971,221
15,485,610
15,485,611

Homefirst Community HSS Trust
46,610,916
23,305,458
23,305,458

Sperrin Lakeland HSS Trust
46,572,335
23,286,167
23,286,168

United Hospitals HSS Trust
71,126,735
35,563,367
35,563,368

Explanatory Note

(This note is not part of the Order.)
This Order determines the amount of the originating capital debt provided for in Article 14(1) of the Health and Personal Social Services (Northern Ireland) Order 1991 of HSS trusts established under that Order with an operational date of 1st April 1996. It provides also for the splitting of the originating capital debts into interest bearing loan and public dividend capital.

(1)
S.I. 1991/194 (N.I. 1)