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Health and Social Care Act 2012
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167Significant transactionsE+W
This section has no associated Explanatory Notes
51ASignificant transactions
(1)An NHS foundation trust may enter into a significant transaction only if more than half of the members of the council of governors of the trust voting approve entering into the transaction.
(2)“Significant transaction” means a transaction or arrangement of such description as may be specified in the trust's constitution.
(3)If an NHS foundation trust does not wish to specify any descriptions of transaction or arrangement for the purposes of subsection (2), the constitution of the trust must specify that it contains no such descriptions.”
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