55 Borrowing.S
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Nodiadau Esboniadol
(1)Schedule 7B to the 1978 Act is amended as follows.
(2)In paragraph 1 (borrowing powers of NHS trusts), in sub-paragraph (1), after “Subject to” there is inserted “ any direction given by the Secretary of State, to ”.
(3)Sub-paragraphs (3) to (5) of that paragraph are omitted.
(4)For sub-paragraph (6) there is substituted—
“(6)It shall be for the Secretary of State, with the consent of the Treasury, to determine the terms of any loan made by him to an NHS trust (including terms as to the payment of interest, if any).”