Skip to main content

Foresterhills Hospital Trust

Volume 204: debated on Wednesday 19 February 1992

The text on this page has been created from Hansard archive content, it may contain typographical errors.

To ask the Secretary of State for Scotland what proportion of capital allowed to be borrowed by the proposed Foresterhills hospital trust will be provided by way of public dividend capital.

Foresterhill trust has been allocated an external financing limit (EFL) of £105,000; this will enable the trust to invest £9·234 million in capital programmes.The loan which relates to the EFL will be made available to the trust as interest bearing debt. However, in line with the majority of trusts in England the originating capital debt of Foresterhill will be divided 50:50 public dividend capital (PDC)/interest-bearing debt (IDB).