National Health Service Finance (Wales) Act 2014

Document Number:2014 anaw 2
 
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An Act of the National Assembly for Wales to make provision in relation to the financial duties of Local Health Boards.Having been passed by the National Assembly for Wales and having received the assent of Her Majesty, it is enacted as follows: Introduction1 OverviewThe main provision of this Act amends the National Health Service (Wales) Act 2006 so that the existing duty on each Local Health Board in Wales to secure that its expenditure does not exceed its funding in a financial year instead becomes a duty to secure that its expenditure does not exceed its funding over a period of three financial years; and may be subject to a margin of tolerance permitted by the Welsh Ministers. Amendments to the National Health Service (Wales) Act 20062 Financial duties of Local Health Boards(1) Chapter 6 of Part 11 of National Health Service (Wales) Act 2006 is amended as follows. (2) For subsection (1) of section 175 (financial duties of Local Health Boards) substitute— “(1) Each Local Health Board must, in respect of each three-year accounting period, perform its functions so as to secure that its expenditure which is attributable to the performance by it of its functions in that period (not including its general ophthalmic services expenditure) does not exceed the aggregate of— (a) the amount allotted to it for each financial year in that period under section 174(1)(b) , (b) any sums received by it in each financial year in that period under any other provision of this Act, and (c) any sums received by it in each financial year in that period otherwise than under this Act for the purpose of enabling it to defray any such expenditure, by an amount that is more than is determined in writing by the Welsh Ministers.” (3) For subsection (2) of section 175 substitute— “(2) The Welsh Ministers must give directions to a Local Health Board requiring it— (a) to prepare a plan which sets out its strategy for securing that it complies with the duty under subsection (1) while...

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