SCHEDULES
C1SCHEDULE 4Financial provision about NHS trusts established under section 18
Annotations:
Modifications etc. (not altering text)
Investment
9
1
An NHS trust has power to invest money held by it in any investments, including investments which do not produce income, specified in directions under section 19.
2
Sub-paragraph (1) does not apply in relation to money held by an NHS trust as trustee.
10
Any direction under section 19 with respect to the maximum amount which an NHS trust may invest in any investments or class of investments may be given only with the consent of the Treasury.
Sch. 4 modified (temp.) (1.3.2007) by National Health Service (Consequential Provisions) Act 2006 (c. 43), ss. 5, 8(2), Sch. 3 para. 10(6) (with Sch. 3 Pt. 1)