Statutory Instruments
1995 No. 2783

NATIONAL HEALTH SERVICE, ENGLAND AND WALES
The National Health Service Trusts (Originating Capital Debt) (Wales) (No. 2) Order 1995

Made
19th October 1995

Coming into force
10th November 1995

The Secretary of State for Wales, in exercise of the 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) (Wales) (No. 2) Order 1995 and shall come into force on 10th November 1995.

(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.

William Hague
Secretary of State for Wales
12th October 1995

We consent,

Simon Burns
Derek Conway
Two of the Lords Commissioners of Her Majesty’s Treasury
19th October 1995

Article 2
SCHEDULE

(1)
(2)
(3)
(4)

NHS Trust
Originating Capital Debt £
Initial Loan £
Public Dividend Capital £

Derwen
4,680,000
2,340,000
2,340,000

East Glamorgan
44,809,259
15,235,148
29,574,111

Gwynedd Community Health
27,709,594
13,854,797
13,854,797

Gwynedd Hospitals
45,538,128
22,769,064
22,769,064

Mid Glamorgan Ambulance
3,524,112
1,762,056
1,762,056

Morriston Hospital
70,119,230
35,059,615
35,059,615

North Wales Ambulance
4,897,094
2,448,547
2,448,547

Neville Hall and District
33,336,378
16,668,189
16,668,189

Rhondda Health Care
20,449,816
10,224,908
10,224,908

Velindre
9,142,046
4,571,023
4,571,023

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 1994. It provides also for the splitting of the originating capital debts into loan and public dividend capital.


(1)
1990 c. 19.

(2)
See section 9(8) of the National Health Service and Community Care Act 1990.