The National Health Service Trusts (Originating Capital Debt) Order 1994

Citation, commencement and interpretation

1.—(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 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.

Virginia Bottomley

Secretary of State for Health

21st February 1994

We consent,

Andrew Mackay

Irvine Patnick

Two of the Lords Commissioners of Her Majesty’s Treasury

23rd February 1994