LegalizeThe National Health Service Trusts (Originating Capital Debt) (Wales) (No. 2) Order 1995
Made: 19th October 1995
Coming into force: 10th November 1995
The Secretary of State for Wales, in exercise of the powers conferred on him by section 9 (1) and (4) of the National Health Service and Community Care Act 1990[^f00001] and of all other powers enabling him in that behalf, with the consent of the Treasury[^f00002], 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) (Wales) (No. 2) Order 1995 and shall come into force on 10th November 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.
SCHEDULE
| (1) | (2) | (3) | (4) |
|---|---|---|---|
| NHS Trust | Originating Capital Debt £ | Initial Loan £ | Public Dividend Capital £ |
| Derwen | 4,680,000 | 2,340,000 | 2,340,000 |
| East Glamorgan | 44,809,259 | 15,235,148 | 29,574,111 |
| Gwynedd Community Health | 27,709,594 | 13,854,797 | 13,854,797 |
| Gwynedd Hospitals | 45,538,128 | 22,769,064 | 22,769,064 |
| Mid Glamorgan Ambulance | 3,524,112 | 1,762,056 | 1,762,056 |
| Morriston Hospital | 70,119,230 | 35,059,615 | 35,059,615 |
| North Wales Ambulance | 4,897,094 | 2,448,547 | 2,448,547 |
| Neville Hall and District | 33,336,378 | 16,668,189 | 16,668,189 |
| Rhondda Health Care | 20,449,816 | 10,224,908 | 10,224,908 |
| Velindre | 9,142,046 | 4,571,023 | 4,571,023 |
Signed
William Hague — Secretary of State for Wales — 12th October 1995
We consent,
Simon Burns — Derek Conway — Two of the Lords Commissioners of Her Majesty’s Treasury — 19th October 1995
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 1994. It provides also for the splitting of the originating capital debts into loan and public dividend capital.
Footnotes
[^f00001]: 1990 c. 19.
[^f00002]: See section 9(8) of the National Health Service and Community Care Act 1990.
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