SCHEDULES
F3SCHEDULE 7B Financial Provisions relating to NHS Trusts
Annotations:
Amendments (Textual)
Investment
F17
An NHS trust shall have power to invest money held by it in any investments, including investments which do not produce income, specified in directions made by the Secretary of State with the consent of the Treasury; but nothing in this paragraph applies in relation to money held on trust under section 12G.
F28
Any direction with respect to—
a
the power conferred on an NHS trust by paragraph 1; or
b
the maximum amount which an NHS trust may invest in any investment or class of investment,
may be given only with the consent of the Treasury.
Schs. 7A, 7B inserted by National Health Service and Community Care Act 1990 (c. 19, SIF 113:2), s. 32, Sch. 6