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Health and Social Care Act 2001

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Changes over time for: Cross Heading: Health service funding

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Status:

Point in time view as at 01/03/2007.

Changes to legislation:

There are currently no known outstanding effects for the Health and Social Care Act 2001, Cross Heading: Health service funding. Help about Changes to Legislation

Health service fundingE+W

F11 Determination of allotments to and resource limits for Health Authorities and Primary Care TrustsE+W

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F12 Payments relating to past performanceE+W

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F13 Supplementary payments to NHS trusts and Primary Care TrustsE+W

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F14 Public-private partnershipsE+W

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5 Income generationE+W

In section 7 of the Health and Medicines Act 1988 (c. 49) (additional powers for financing Health Service), after subsection (7) there shall be inserted—

(7A)The power specified in paragraph (g) of subsection (2) above includes power for the Secretary of State—

(a)to form, or participate in the forming of, companies,

(b)to invest in companies (whether by acquiring assets, securities or rights or otherwise), and

(c)to provide loans and guarantees and make other kinds of financial provision to or in respect of companies,

where it appears to him that to do so is calculated to facilitate, or to be conducive or incidental to, the exercise of any power conferred by that subsection.

(7B)In subsection (7A) above “companies” means companies within the meaning of the Companies Act 1985 (c. 6); and that subsection is without prejudice to—

(a)the generality of paragraph (g) of subsection (2) above, and

(b)any powers of the Secretary of State exercisable otherwise than by virtue of this section.

Commencement Information

I1S. 5 wholly in force at 12.9.2002; s. 5 not in force at Royal Assent, see s. 70(2); s. 5 in force for W. at 1.7.2002 by S.I. 2002/1475, art. 2(1), Sch. Pt. 1; s. 5 in force for E. at 12.9.2002 by S.I. 2002/2363, art. 3

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