Statutory Instrument 1993 No. 413 (S.42)

      The National Health Service Trusts (Originating Capital Debt) Order 1993


      © Crown Copyright 1993

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STATUTORY INSTRUMENTS

1993 No. 413 (S.42)

NATIONAL HEALTH SERVICE, SCOTLAND

The National Health Service Trusts (Originating Capital Debt) Order 1993

Made 24th February 1993
Coming into force 14th March 1993

    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) Order 1993 and shall come into force on 14th March 1993.

        (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 in column 4 of the Schedule.



Fraser of Carmyllie

Minister of State, Scottish Office

19th February 1993
We consent,

Gregory Knight

Irvine Patnick

Two of the Lords Commissioners of Her Majesty's Treasury

24th February 1993





Notes:

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

 

Explanatory Note


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