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NHS Funding Act 2020

Overview of the Act

  1. The Act sets out in legislation the current long-term funding settlement for the NHS, as set out in the NHS Long Term Plan (LTP), published January 2019.
  2. The Act makes two main provisions to:
    • Place a duty on the Secretary of State to ensure that the sums paid to NHS England for revenue spending do not fall below the amounts specified in the LTP Funding Settlement for the remaining financial years of that settlement, up to and including the financial year 2023/24.
    • Place a legal duty on the Treasury to ensure that the annual Supply Estimates for the Department of Health and Social Care (DHSC) are consistent with the amounts of NHS England funding for each financial year.
  3. These provisions cease to have effect at the end of the financial year 2023/24.

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