HC Deb 19 February 1992 vol 204 c219W
Mr. Doran

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.

Mr. Lang

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).