[223GMeans of meeting expenditure of [integrated care boards] out of public fundsE+W
(1)[NHS England] must pay in respect of each financial year to each [integrated care board] sums not exceeding the amount allotted for that year by [NHS England] to [the board] towards meeting the expenditure of [the board] which is attributable to the performance by it of its functions in that year.
(2)In determining the amount to be allotted to [an integrated care board] for any year, [NHS England] may take into account—
(a)the expenditure of the [integrated care board] during any previous financial year, and
(b)the amount that it proposes to hold, during the year to which the allotment relates, in any contingency fund established under section 223F.
(3)An amount is allotted to [an integrated care board] for a year under this section when [the board] is notified in writing by [NHS England] that the amount is allotted to it for that year.
(4)[NHS England] may make a new allotment under this section increasing or reducing an allotment previously so made.
(5)Where [NHS England] allots an amount to [an integrated care board] or makes a new allotment under subsection (4), it must notify the Secretary of State.
(6)[NHS England] may give directions to [an integrated care board] with respect to—
(a)the application of sums paid to it by virtue of a new allotment increasing an allotment previously so made, and
(b)the payment of sums by it to [NHS England] in respect of charges or other sums referable to the valuation or disposal of assets.
(7)Sums falling to be paid to [integrated care boards] under this section are payable subject to such conditions as to records, certificates or otherwise as [NHS England] may determine.
(8). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .]
Textual Amendments
Modifications etc. (not altering text)