PART 4NHS foundation trusts & NHS trusts
Mergers, acquisitions, separations and dissolution
I1171Dissolution
After section 57 of the National Health Service Act 2006 insert—
57ADissolution
1
An application may be made by an NHS foundation trust to the regulator for dissolution.
2
An application under this section may be made only with the approval of more than half of the members of the council of governors of the applicant.
3
The regulator must grant the application if it is satisfied that—
a
the trust has no liabilities, and
b
such steps as are necessary to prepare for the dissolution have been taken.
4
Where an application under this section is granted, the regulator must make an order—
a
dissolving the trust in question, and
b
transferring, or providing for the transfer of, the property of the trust (if any) to the Secretary of State.