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Statutory Instrument 1994 No. 496 (S. 18)

The National Health Service Trusts (Originating Capital Debt) (Scotland) Order 1994

(The document as of February, 2008)

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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

Made25th February 1994
Coming into force9th 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





Notes:

[1] 1978 c. 29. Section 12E was inserted by the National Health Service and Community Care Act 1990 (c. 19), section 31.

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