Notice Type
Departmental
Health Reforms (Transitional Provisions) Act 1993 Notice Notice to the Residual Health Management Unit Pursuant to Section 20 (1) of the Health Reforms (Transitional Provisions) Act 1993 to Restate Crown Health Enterprise Debt 1. Preamble This Notice amends the Notice to the Residual Health Management Unit in the New Zealand Gazette, Thursday, 20 October 1994, No. 108, by omitting the second paragraph in the Schedule headed Auckland Healthcare Services Limited, and substituting the paragraph contained in the Schedule to this Notice. 2. Notice Pursuant to Section 20 (1) of the Health Reforms (Transitional Provisions) Act 1993, the Minister of Health hereby notifies and directs, that the debt owed to the Residual Health Management Unit under the Term Loan Agreement by Auckland Healthcare Services Limited, as described in the Schedule hereto, shall be restated by the Residual Health Management Unit. 3. Date on which restatement shall take effect The restatement specified in the Schedule to this notice shall take effect on the 1st day of July 1993. 4. Interest Payments The interest payments which have been made to the Residual Health Management Unit, applicable to that amount of the difference between the restated debt and the original sum, shall be refunded to the Crown Health Enterprises, Auckland Healthcare Services Limited. 5. Legal Requirements The Residual Health Management Unit shall comply with any legal requirements as are necessary to give effect to this Notice. These requirements shall be complied with as soon as practicable. Schedule Auckland Healthcare Services Limited The sum of $37,932,000 of interest bearing debt owed to the Residual Health Management Unit under the Term Loan Agreement shall be restated, from the amount in the Amendment No. 1 to the proposal for the Transfer of Assets and Liabilities to Auckland Healthcare Services Limited, dated 27 October 1993, of $60,865,000 to the sum of $22,933,000. Dated at Wellington this 8th day of November 1994. Hon JENNY SHIPLEY, Minister of Health.
Publication Date
10 Nov 1994

Notice Number

1994-go8128

Page Number

3493