PART 4

NHS foundation trusts & NHS trusts

Functions

Significant transactions
167
After section 51 of the National Health Service Act 2006 insert—

Significant transactions
51A
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.
S. 167 in force at 1.4.2013 by S.I. 2013/160, art. 2(2) (with arts. 7-9)