Words in Sch. 3 para. 1 inserted (1.9.1999 for E. and 1.11.1999 for W.) by 1999 c. 8, s. 17(1)(2); S.I. 1999/2342, art. 2(1), Sch. 1; S.I. 1999/3184, art. 2(1), Sch. 1

Sch. 3 para. 1(3)-(5) omitted (1.9.1999 for E. and 1.11.1999 for W.) by virtue of 1999 c. 8, s. 17(1)(3); S.I. 1999/2342, art. 2(1), Sch.; S.I. 1999/3184, art. 2(1), Sch. 1; and para. 1(3)-(5) repealed (1.4.2000) by 1999 c. 8, s. 65(2), Sch. 5; S.I. 2000/1041, art. 2(d), Sch.

Sch. 3 para. 1(6) substituted (1.9.1999 for E. and 1.11.1999 for W.) by 1999 c. 8, s. 17(1)(4); S.I. 1999/2342, art. 2(1), Sch. 1; S.I. 1999/3184, art. 2(1), Sch. 1

http://www.legislation.gov.uk/ukpga/1990/19/schedule/3/paragraph/1/2005-08-02National Health Service and Community Care Act 1990An Act to make further provision about health authorities and other bodies constituted in accordance with the National Health Service Act 1977; to provide for the establishment of National Health Service trusts; to make further provision about the financing of the practices of medical practitioners; to amend Part VII of the Local Government (Scotland) Act 1973 and Part III of the Local Government Finance Act 1982; to amend the National Health Service Act 1977 and the National Health Service (Scotland) Act 1978; to amend Part VIII of the Mental Health (Scotland) Act 1984; to make further provision concerning the provision of accommodation and other welfare services by local authorities and the powers of the Secretary of State as respects the social services functions of such authorities; to make provision for and in connection with the establishment of a Clinical Standards Advisory Group; to repeal the Health Services Act 1976; and for connected purposes.1990-06-29texttext/xmlenStatute Law Database2022-09-292005-08-02 SCHEDULESSCHEDULE 3 Financial Provisions Relating to NHS Trusts Borrowing1(1)

Subject to any direction given by the Secretary of State under section 17 of the principal Act, to the provisions of this paragraph and to any limit imposed under the following provisions of this Schedule, for the purpose of its functions an NHS trust may borrow (both temporarily, by way of overdraft, and longer term) from the Secretary of State or from any other person.

(2)

An NHS trust may not mortgage or charge any of its assets or in any other way use any of its assets as security for a loan.

(3)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(6)

It shall be for the Secretary of State, with the consent of the Treasury, to determine the terms of any loan made by him to an NHS trust (including terms as to the payment of interest, if any).

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Financial Provisions Relating to
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Subject to
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An
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(6)
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