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.