Legalize / United Kingdom / Northern Ireland / Ni-Statutory-Rule

The Health and Social Services Trusts (Originating Capital Debt) Order (Northern Ireland) 1997

Type Ni-Statutory-Rule

Publication 1997-03-28

State In force

Jurisdiction Northern Ireland

Department Government Printer for Northern Ireland

Source legislation.gov.uk

PDF Download

articles Not indexed

Reform history JSON API

Made: 28th March 1997

Coming into operation: 28th March 1997

The Department of Health and Social Services, in exercise of the powers conferred on it by Article 14(1) and (4) of the Health and Personal Social Services (Northern Ireland) Order 1991[^f00001], and all other powers enabling it in that behalf, and with the consent of the Department of Finance and Personnel in accordance with Article 14(8) of that Order, hereby makes the following Order:

Citation and commencement

1

This Order may be cited as the Health and Social Services Trusts (Originating Capital Debt) Order (Northern Ireland) 1997 and shall come into operation on 28th March 1997.

Originating capital debt of HSS Trusts

2

(1) The originating capital debt of an HSS trust specified in column 1 of the Schedule shall be of the amount specified opposite it in column 2.

(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 and public dividend capital of an amount specified opposite it in column 4.

SCHEDULE — Originating Capital Debts

Column 1	Column 2	Column 3	Column 4
HSS trust	Originating Capital Debt	Initial Loan	Public Dividend Capital
	£	£	£
Altnagelvin Hospitals HSS Trust	39,105,393	19,552,696	19,552,697
Armagh and Dungannon HSS Trust	34,908,722	17,454,361	17,454,361
Foyle HSS Trust	30,971,221	15,485,610	15,485,611
Homefirst Community HSS Trust	46,610,916	23,305,458	23,305,458
Sperrin Lakeland HSS Trust	46,572,335	23,286,167	23,286,168
United Hospitals HSS Trust	71,126,735	35,563,367	35,563,368

Signed

Sealed with the Official Seal of the Department of Health and Social Services on

B. McGahan — Assistant Secretary — 28th March 1997.

The Department of Finance and Personnel hereby consents to the foregoing Order.

Sealed with the Official Seal of the Department of Finance and Personnel on

J. G. Sullivan — Assistant Secretary — 28th March 1997.

Explanatory note

(This note is not part of the Order.)

This Order determines the amount of the originating capital debt provided for in Article 14(1) of the Health and Personal Social Services (Northern Ireland) Order 1991 of HSS trusts established under that Order with an operational date of 1st April 1996. It provides also for the splitting of the originating capital debts into interest bearing loan and public dividend capital.

Footnotes

[^f00001]: S.I. 1991/194 (N.I. 1)

Reading this document does not replace reading the official text published on legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. We assume no responsibility for any inaccuracies arising from the conversion of the original CLML XML to this format.

This text is published under legislation.gov.uk's own terms of reuse, not a Legalize or public-domain licence. legislation.gov.uk
Open Government Licence v3.0 (attribution required)
© Crown and database right. Derived from content available under the Open Government Licence v3.0 from legislation.gov.uk.