1994 No. 496 (S. 18)
NATIONAL HEALTH SERVICE, SCOTLAND
The National Health Service Trusts (Originating Capital Debt) (Scotland) Order 1994
25th February 1994
Coming into force
9th March 1994
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 1978(1), and of all other powers enabling him in that behalf, with the consent of the Treasury, 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) (Scotland) Order 1994 and shall come into force on 9th March 1994.
(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.
Fraser of Carmyllie
Minister of State, Scottish Office
St Andrew’s House,
21st February 1994
Two of the Lords Commissioners of Her Majesty’s Treasury
25th February 1994
SCHEDULEORIGINATING CAPITAL DEBTS
Originating Capital Debt
Public Dividend Capital
Ayrshire and Arran Community Health Care NHS Trust
Caithness and Sutherland NHS Trust
Dundee Teaching Hospitals NHS Trust
Grampian Healthcare NHS Trust
Monklands and Bellshill Hospitals NHS Trust
Moray Health Services NHS Trust
North Ayrshire and Arran NHS Trust
Raigmore Hospital NHS Trust
Royal Alexandra Hospital NHS Trust
Royal Scottish National Hospital and Community NHS Trust
Southern General Hospital NHS Trust
Stirling Royal Infirmary NHS Trust
Victoria Infirmary NHS Trust
West Lothian NHS Trust
Yorkhill NHS Trust
(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 1993. It provides also for the splitting of the originating capital debts into loan and public dividend capital.
1978 c. 29. Section 12E was inserted by the National Health Service and Community Care Act 1990 (c. 19), section 31.