Part 2Health service bodies
Chapter 5NHS foundation trusts
Functions
45Protection of property
1
An NHS foundation trust may not dispose of any protected property without the approval of the regulator.
2
Disposing of property includes disposing of part of it or granting an interest in it.
3
Protected property is property of the trust designated as protected in its authorisation.
4
The regulator may designate property as protected if it considers it is needed—
a
for the purposes of any goods or services which the authorisation requires the trust to provide wholly or partly for the purposes of the health service in England, or
b
for the purpose of doing anything which the trust is required to do under section 43(5).
5
The regulator may give approval under subsection (1) on any terms it considers appropriate.
6
An NHS foundation trust may not create a floating charge on its property.