Health and Social Care (Community Health and Standards) Act 2003 (c. 43)

Part 1 E+W NHS foundation trusts

Financial matters E+W

11 Power of Secretary of State to give financial assistance E+W

(1) The Secretary of State may give financial assistance to any NHS foundation trust.

(2) The financial assistance may be given by way of loan, public dividend capital, grant or other payment.

(3) The Secretary of State may guarantee the payment of any amount payable by an NHS foundation trust under an externally financed development agreement.

• “Externally financed development agreement” has the same meaning as in section 1 of the National Health Service (Private Finance) Act 1997 (c. 56), reading references in subsections (3) and (5) of that section to the trust as references to the NHS foundation trust.

Commencement Information

I1 S. 11 in force at 1.4.2004 by S.I. 2004/759, art. 2