Notice Type
Departmental
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. N o t i c e 1. 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 those Crown Health Enterprises, as described in the Schedule hereto, shall be restated by the Residual Health Management Unit. 2. Date on which restatement shall take effect Each of the restatements specified in the Schedule to this notice shall take effect on the 1st day of July 1993. 3. 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. 4. 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 Northland Health Limited The sum of $4,436,000 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 Northland Health Limited, dated 27 October 1993, of $15,936,000 to the sum of $11,500,000. Auckland Healthcare Services Limited The sum of $37,249,000 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 $23,616,000. Manukau Health Limited The sum of $7,976,000 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 Manukau Health Limited, dated 27 October 1993, of $16,099,000 to the sum of $8,123,000. Eastbay Health Limited The sum of $1,403,000 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 Eastbay Health Limited, dated 27 October 1993, of $4,903,000 to the sum of $3,500,000. Lakeland Health Limited The sum of $4,380,000 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 Lakeland Health Limited, dated 27 October 1993, of $7,880,000 to the sum of $3,500,000. Tairawhiti Health Limited The sum of $5,157,000 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 Tairawhiti Health Limited, dated 27 October 1993, of $12,657,000 to the sum of $7,500,000. Taranaki Health Limited The sum of $9,900,000 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 Taranaki Health Limited, dated 27 October 1993, of $9,900,000 to the sum of $0. MidCentral Health Limited The sum of $5,456,000 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 MidCentral Health Limited, dated 27 October 1993, of $20,456,000 to the sum of $15,000,000. Good Health Wanganui Limited The sum of $4,679,000 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 Good Health Wanganui Limited, dated 27 October 1993, of $10,180,000 to the sum of $5,501,000. Capital Coast Health Limited The sum of $5,000,000 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 Capital Coast Health Limited, dated 27 October 1993, of $43,455,000 to the sum of $38,455,000. Coast Health Care Limited The sum of $1,133,000 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 Coast Health Care Limited, dated 27 October 1993, of $6,818,000 to the sum of $5,685,000. Canterbury Health Limited The sum of $14,037,000 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 Canterbury Health Limited, dated 27 October 1993, of $45,406,000 to the sum of $31,369,000. Healthlink South Limited The sum of $3,298,000 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 Healthlink South Limited, dated 27 October 1993, of $17,246,000 to the sum of $13,948,000. Southern Crown Health Enterprise Limited The sum of $6,080,000 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 Southern Crown Health Enterprise Limited, dated 27 October 1993, of $10,480,000 to the sum of $4,400,000. Dated At Wellington this 18th day of October 1994. Hon. JENNY SHIPLEY, Minister of Health.
Publication Date
20 Oct 1994

Notice Number

1994-go7656

Page Number

3146