National Health Service and Community Care Act 1990

5(1)If the Secretary of State, with the consent of the Treasury, considers it appropriate to do so, he may, instead of making a loan to an NHS trust under paragraph 1 above, pay an amount to the trust as public dividend capital.

[F1(2)Section 9 of this Act shall apply to public dividend capital paid to an NHS trust under this paragraph as it applies to public dividend capital forming part of the trust’s originating capital debt.]

Textual Amendments

F1Sch. 3 para. 5(2) omitted (1.9.1999 for E. and otherwiseprosp.) by virtue of 1999 c. 8, ss. 15(6)67(1); S.I. 1999/2342, art. 2(1), Sch. 1

Modifications etc. (not altering text)

C1Sch. 3 para. 5: Treasury consent requirement continued (W.) (1.7.1999) by S.I. 1999/672, arts. 1(2), 2, Sch. 1