HC Deb 20 February 1996 vol 272 c96W
Mr. Elletson

To ask the Secretary of State forn Health what financial arrangements are being made for the NHS trusts dissolved on 1 April 1995. [16610]

Mr. Dorrell

Pursuant to the dissolution of eight national health service trusts on 1 April 1995, and their reconfiguration with parts, or all, of other trusts or directly managed units, I propose to create new originating debt for the five new trusts equal to the net assets transferred to them and therefore to remit the outstanding debt on seven dissolved trusts. The eighth dissolved trust has merged with another trust and the debt associated with that dissolved trust has been transferred to the trust with which it has merged. These operations involve no loss to the Exchequer. Her Majesty's Treasury has today presented a minute to the House giving the particulars and circumstances of the proposed remission which it has approved in principle.