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Statutory Instruments
1994 No. 496 (S. 18)
NATIONAL HEALTH SERVICE, SCOTLAND
The National Health Service Trusts (Originating Capital Debt) (Scotland) Order 1994
Made
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,
Edinburgh
21st February 1994
We consent,
Timothy Kirkhope
Andrew Mackay
Two of the Lords Commissioners of Her Majesty's Treasury
25th February 1994
Article 2
SCHEDULEORIGINATING CAPITAL DEBTS
| Column 1 | Column 2 | Column 3 | Column 4 |
|---|---|---|---|
| NHS TRUST | Originating Capital Debt | Initial Loan | Public Dividend Capital |
| £ | £ | £ | |
| Ayrshire and Arran Community Health Care NHS Trust | 51,964,840 | 25,982,420 | 25,982,420 |
| Caithness and Sutherland NHS Trust | 15,485,905 | 7,742,953 | 7,742,952 |
| Dundee Teaching Hospitals NHS Trust | 122,362,529 | 61,181,265 | 61,181,264 |
| Grampian Healthcare NHS Trust | 178,791,312 | 89,395,656 | 89,395,656 |
| Monklands and Bellshill Hospitals NHS Trust | 41,413,278 | 20,706,639 | 20,706,639 |
| Moray Health Services NHS Trust | 22,090,512 | 11,045,256 | 11,045,256 |
| North Ayrshire and Arran NHS Trust | 76,642,818 | 38,321,409 | 38,321,409 |
| Raigmore Hospital NHS Trust | 52,732,278 | 26,366,139 | 26,366,139 |
| Royal Alexandra Hospital NHS Trust | 61,677,000 | 30,838,500 | 30,838,500 |
| Royal Scottish National Hospital and Community NHS Trust | 27,302,207 | 13,651,104 | 13,651,103 |
| Southern General Hospital NHS Trust | 57,797,000 | 28,898,500 | 28,898,500 |
| Stirling Royal Infirmary NHS Trust | 42,019,399 | 21,009,700 | 21,009,699 |
| Victoria Infirmary NHS Trust | 44,305,880 | 22,152,940 | 22,152,940 |
| West Lothian NHS Trust | 94,257,272 | 47,128,636 | 47,128,636 |
| Yorkhill NHS Trust | 37,872,181 | 18,936,091 | 18,936,090 |
Explanatory Note
(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.