http://www.legislation.gov.uk/ukpga/2012/7/schedule/16/crossheading/general-powers/2013-04-01Health and Social Care Act 2012An Act to establish and make provision about a National Health Service Commissioning Board and clinical commissioning groups and to make other provision about the National Health Service in England; to make provision about public health in the United Kingdom; to make provision about regulating health and adult social care services; to make provision about public involvement in health and social care matters, scrutiny of health matters by local authorities and co-operation between local authorities and commissioners of health care services; to make provision about regulating health and social care workers; to establish and make provision about a National Institute for Health and Care Excellence; to establish and make provision about a Health and Social Care Information Centre and to make other provision about information relating to health or social care matters; to abolish certain public bodies involved in health or social care; to make other provision about health care; and for connected purposes.texttext/xmlenStatute Law Database2024-07-23Expert Participation2013-04-01 SCHEDULESSCHEDULE 16The National Institute for Health and Care Excellence<Emphasis>General powers</Emphasis>101NICE may do anything which appears to it to be necessary or expedient for the purposes of, or in connection with, the exercise of its functions.2But, except as provided by paragraph 11(3), NICE has no power to borrow money.3NICE may do any of the following only with the approval of the Secretary of State—aform, or participate in the forming of, companies,binvest in companies (whether by acquiring assets, securities or rights or otherwise), andcprovide loans and guarantees and make other kinds of financial provision to or in respect of companies.4The approval of the Secretary of State may be given for the purposes of sub-paragraph (3) subject to such conditions as the Secretary of State thinks appropriate.5In this paragraph “company” has the same meaning as in the Companies Acts (see section 1(1) of the Companies Act 2006).Sch. 16 para. 10 in force at 1.4.2013 by S.I. 2013/160, art. 2(2) (with arts. 7-9)
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<Primary>
<Schedules RestrictEndDate="2013-07-01" RestrictStartDate="2013-04-01" RestrictExtent="E+W+S+N.I.">
<Title>SCHEDULES</Title>
<Schedule DocumentURI="http://www.legislation.gov.uk/ukpga/2012/7/schedule/16/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/7/schedule/16" NumberOfProvisions="17" id="schedule-16" RestrictExtent="E+W" RestrictStartDate="2013-04-01">
<Number>SCHEDULE 16</Number>
<TitleBlock>
<Title>The National Institute for Health and Care Excellence</Title>
</TitleBlock>
<ScheduleBody>
<Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2012/7/schedule/16/crossheading/general-powers/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/7/schedule/16/crossheading/general-powers" NumberOfProvisions="1" id="schedule-16-crossheading-general-powers" RestrictStartDate="2013-04-01">
<Title>
<Emphasis>General powers</Emphasis>
</Title>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/7/schedule/16/paragraph/10/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/7/schedule/16/paragraph/10" id="schedule-16-paragraph-10" RestrictStartDate="2013-04-01">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-d73fb292afdfff9901a79c712101781d"/>
10
</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/7/schedule/16/paragraph/10/1/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/7/schedule/16/paragraph/10/1" id="schedule-16-paragraph-10-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>NICE may do anything which appears to it to be necessary or expedient for the purposes of, or in connection with, the exercise of its functions.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/7/schedule/16/paragraph/10/2/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/7/schedule/16/paragraph/10/2" id="schedule-16-paragraph-10-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>But, except as provided by paragraph 11(3), NICE has no power to borrow money.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/7/schedule/16/paragraph/10/3/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/7/schedule/16/paragraph/10/3" id="schedule-16-paragraph-10-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>NICE may do any of the following only with the approval of the Secretary of State—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/7/schedule/16/paragraph/10/3/a/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/7/schedule/16/paragraph/10/3/a" id="schedule-16-paragraph-10-3-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>form, or participate in the forming of, companies,</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/7/schedule/16/paragraph/10/3/b/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/7/schedule/16/paragraph/10/3/b" id="schedule-16-paragraph-10-3-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>invest in companies (whether by acquiring assets, securities or rights or otherwise), and</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/7/schedule/16/paragraph/10/3/c/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/7/schedule/16/paragraph/10/3/c" id="schedule-16-paragraph-10-3-c">
<Pnumber>c</Pnumber>
<P3para>
<Text>provide loans and guarantees and make other kinds of financial provision to or in respect of companies.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/7/schedule/16/paragraph/10/4/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/7/schedule/16/paragraph/10/4" id="schedule-16-paragraph-10-4">
<Pnumber>4</Pnumber>
<P2para>
<Text>The approval of the Secretary of State may be given for the purposes of sub-paragraph (3) subject to such conditions as the Secretary of State thinks appropriate.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/7/schedule/16/paragraph/10/5/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/7/schedule/16/paragraph/10/5" id="schedule-16-paragraph-10-5">
<Pnumber>5</Pnumber>
<P2para>
<Text>
In this paragraph “
<Term id="term-company">company</Term>
” has the same meaning as in the Companies Acts (see section 1(1) of the Companies Act 2006).
</Text>
</P2para>
</P2>
</P1para>
</P1>
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<Para>
<Text>
<CitationSubRef SectionRef="schedule-16-paragraph-10" URI="http://www.legislation.gov.uk/id/ukpga/2012/7/schedule/16/paragraph/10" id="cl3ps97z3-06468">Sch. 16 para. 10</CitationSubRef>
in force at 1.4.2013 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2013/160" Class="UnitedKingdomStatutoryInstrument" Year="2013" Number="160" Title="The Health and Social Care Act 2012 (Commencement No.4, Transitional, Savings and Transitory Provisions) Order 2013" id="cl3ps97z3-06469">S.I. 2013/160</Citation>
,
<CitationSubRef SectionRef="article-2-2" URI="http://www.legislation.gov.uk/id/uksi/2013/160/article/2/2" CitationRef="cl3ps97z3-06469" Operative="true" id="cl3ps97z3-06470">art. 2(2)</CitationSubRef>
(with
<CitationSubRef StartSectionRef="article-7" EndSectionRef="article-9" URI="http://www.legislation.gov.uk/id/uksi/2013/160/article/7" UpTo="http://www.legislation.gov.uk/id/uksi/2013/160/article/9" CitationRef="cl3ps97z3-06469" id="cl3ps97z3-06471">arts. 7-9</CitationSubRef>
)
</Text>
</Para>
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