The National Health Service Trusts (Originating Capital Debt) Order 1999 No. 809


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Statutory Instruments

1999 No. 809

NATIONAL HEALTH SERVICE, ENGLAND AND WALES

The National Health Service Trusts (Originating Capital Debt) Order 1999

Made

12th March 1999

Coming into force

1st April 1999

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 1999 and shall come into force on 1st April 1999.

(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.

Frank Dobson

One of Her Majesty's Principal Secretaries of State,

Department of Health

11th March 1999

We consent,

Jane Kennedy

Jim Dowd

Two of the Lords Commissioners of Her Majesty's Treasury

12th March 1999

(Article 2)

SCHEDULE

(1)(2)(3)(4)
NHS TrustOriginating Capital DebtInitial LoanPublic Dividend Capital
£££
Gateshead Health NHS Trust52,474,00013,355,00039,119,000
Leeds Teaching Hospitals NHS Trust177,319,00045,654,000131,668,000
North Durham Health Care NHS Trust18,600,0004,650,00013,950,000
South Durham Health Care NHS Trust59,146,00014,786,00044,360,000
County Durham and Darlington Priority Services NHS Trust10,259,0002,627,0007,632,000
Newcastle upon Tyne Hospitals NHS Trust133,596,00034,037,00099,559,000
Northumbria Health Care NHS Trust113,151,00028,288,00084,863,000
Southern Derbyshire Acute Hospitals NHS Trust86,904,00022,208,00064,696,000
Royal Brompton and Harefield NHS Trust100,739,00025,917,00074,822,000
Surrey Hampshire Borders NHS Trust37,519,0009,380,00028,139,000
Ashford and St. Peter's NHS Trust83,214,00021,771,00061,443,000
Thames Gateway NHS Trust38,262,00010,675,00027,587,000
Surrey Oaklands NHS Trust11,883,0003,258,0008,625,000
Surrey and Sussex Healthcare NHS Trust92,319,00023,080,00069,239,000
South Warwickshire Combined Care NHS Trust18,400,0005,374,00013,026,000
Shropshire Community and Mental Health Services NHS Trust29,800,0007,696,00022,104,000
Morecambe Bay Hospitals NHS Trust96,543,00026,912,00069,631,000
Bay Community NHS Trust18,946,0004,736,00014,210,000

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 1998. It provides also for dividing the originating capital debts between initial loan and public dividend capital.

(2)

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


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