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Statutory Instrument 1995 No. 407

The National Health Service Trusts (Originating Capital Debt) Order 1995

(The document as of February, 2008)

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STATUTORY INSTRUMENTS

1995 No. 407

NATIONAL HEALTH SERVICE, ENGLAND AND WALES

The National Health Service Trusts (Originating Capital Debt) Order 1995

Made20th February 1995
Coming into force15th March 1995

    The Secretary of State for Health, in exercise of powers conferred on her by section 9(1) and (4) of the National Health Service and Community Care Act 1990[1] and of all other powers enabling her 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 1995 and shall come into force on 15th March 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.



Virginia Bottomley

Secretary of State for Health

20th February 1995
We consent,

Derek Conway

Tim Wood

Two of the Lords Commissioners of Her Majesty's Treasury

20th February 1995





Notes:

[1] 1990 c. 19.

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

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