{
  "url": "https://openlegislation.uk/scottish-hospital-trust-transfer-of-property-regulations-2004/regulation-5",
  "json_url": "https://openlegislation.uk/scottish-hospital-trust-transfer-of-property-regulations-2004/regulation-5.json",
  "legislation": "ssi/2004/46",
  "legislation_title": "The Scottish Hospital Trust (Transfer of Property) Regulations 2004",
  "legislation_url": "https://openlegislation.uk/scottish-hospital-trust-transfer-of-property-regulations-2004",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Method of calculating capital value of Trust Property",
  "text": "The capital value of the Trust property shall be calculated as follows:–\n(a) investments quoted on a Stock Exchange – at last official traded price at 6th February 2004;\n(b) short term loans, bank and cash balances – at amounts outstanding or at credit at 6th February 2004;\n(c) subject to paragraph (d), other property and rights of, or held by, the Trust (of whatever kind) at market valuation as at 6th February 2004, by a valuer appointed by the Trust; and\n(d) any feudal superiority shall have a nil value.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ssi/2004/46/regulation/5",
    "retrieved_at": "2026-10-28T22:33:05.648260+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}