§ Mr. TrimbleTo ask the Secretary of State for Northern Ireland on what financial basis property currently vested in the Department of Health and Social Services will be transferred to HSS trusts.
§ Mr. HanleyWhen an HSS trust is set up, the assets it needs for its functions are transferred to it and it takes legal ownership of them. Land and buildings held for operational use are valued by the Valuation and Lands Office at open market value for existing use. This valuation, less the value of any liabilities transferred to the trust, constitute the trust's originating capital debt.