http://www.legislation.gov.uk/ukpga/1999/8/section/55/2007-03-01Health Act 1999An Act to amend the law about the national health service; make provision in relation to arrangements and payments between health service bodies and local authorities with respect to health and health-related functions; confer power to regulate any professions concerned (wholly or partly) with the physical or mental health of individuals; and for connected purposes.1999-07-05texttext/xmlenStatute Law Database2022-10-102007-03-01Part II The National Health Service: Scotland Finance
55 Borrowing.1

Schedule 7B to the 1978 Act is amended as follows.

2

In paragraph 1 (borrowing powers of NHS trusts), in sub-paragraph (1), after “Subject to” there is inserted “ any direction given by the Secretary of State, to ”.

3

Sub-paragraphs (3) to (5) of that paragraph are omitted.

4

For sub-paragraph (6) there is substituted—

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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<p>Schedule 7B to the 1978 Act is amended as follows.</p>
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