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SCHEDULES

SCHEDULE 4E+WFinancial provision about NHS trusts established under section 18

Modifications etc. (not altering text)

InvestmentE+W

9(1)An NHS trust has power to invest money held by it in any investments, including investments which do not produce income, specified in directions under section 19.E+W

(2)Sub-paragraph (1) does not apply in relation to money held by an NHS trust as trustee.

10E+WAny direction under section 19 with respect to the maximum amount which an NHS trust may invest in any investments or class of investments may be given only with the consent of the Treasury.