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The National Health Service Trusts (Originating Capital Debt) Order 1996


Published: 1996-02-20

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Statutory Instruments
1996 No. 350

NATIONAL HEALTH SERVICE, ENGLAND AND WALES
The National Health Service Trusts (Originating Capital Debt) Order 1996

Made
20th February 1996

Coming into force
1st March 1996

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 1996 and shall come into force on 1st March 1996.

(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.

Stephen Dorrell
Secretary of State for Health
19th February 1996

We consent,

Derek Conway
Simon Burns
Two of the Lords Commissioners of Her Majesty’s Treasury
20th February 1996

SCHEDULE

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

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

Birmingham Children’s Hospital NHS Trust
23,605,261
7,789,736
15,815,525

Black Country Mental Health NHS Trust
8,992,363
4,496,182
4,496,181

Bournewood Community and Mental Health NHS Trust
55,637,000
27,818,500
27,818,500

City and Hackney Community Services NHS Trust
30,453,678
15,226,839
15,226,839

Essex and Herts Community NHS Trust
26,259,335
13,129,668
13,129,667

Fosse Health, Leicestershire Community NHS Trust
58,038,971
29,019,486
29,019,485

Grantham and District Hospital NHS Trust
27,002,733
13,501,367
13,501,366

Homerton Hospital NHS Trust
50,140,943
25,070,472
25,070,471

Manchester Children’s Hospitals NHS Trust
13,831,814
6,915,907
6,915,907

Newham Community Health Services NHS Trust
20,848,205
10,424,103
10,424,102

Pathfinder NHS Trust
18,621,701
9,310,851
9,310,850

Royal Liverpool and Broadgreen University Hospitals NHS Trust
135,395,656
67,697,828
67,697,828

Royal Orthopaedic Hospital NHS Trust
11,240,247
5,620,124
5,620,123

St. James’s and Seacroft University Hospitals NHS Trust

94,316,609
47,158,305
47,158,304

Surrey Heartlands NHS Trust
11,025,119
5,512,560
5,512,559

Sussex Ambulance Service NHS Trust
11,596,453
5,798,227
5,798,226

Teddington Memorial Hospital NHS Trust
2,568,930
1,284,465
1,284,465

The Princess Alexandra Hospital NHS Trust
52,471,576
26,235,788
26,235,788

Tower Hamlets Healthcare NHS Trust
37,361,276
18,680,638
18,680,638

United Leeds Teaching Hospitals NHS Trust
150,639,129
75,319,565
75,319,564

University Hospital Birmingham NHS Trust
95,870,761
47,935,381
47,935,380

Wolverhampton Health Care NHS Trust
21,187,780
10,593,890
10,593,890

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 1 April 1995. 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.