Citation, commencement and interpretation1

1

This Order may be cited as the National Health Service Trusts (Originating Capital Debt) Order 1994 and shall come into force on the 14th March 1994.

2

In this Order—“ the Schedule” means the Schedule to this Order.

Originating capital debt of NHS trusts2

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 BottomleySecretary of State for Health

We consent,

Andrew MackayIrvine PatnickTwo of the Lords Commissioners of Her Majesty’s Treasury