PART 3Regulation of health and adult social care services

CHAPTER 6Financial assistance in special administration cases

Supplementary

146I1Shortfall or excess of available funds, etc.

1

The Secretary of State may provide financial assistance to F1NHS England if the Secretary of State is satisfied that—

a

there are insufficient funds available from a mechanism established under section 134, or

b

the mechanism is otherwise unable to operate effectively.

2

If the Secretary of State is satisfied that the level of funds available from a mechanism established under section 134 exceeds the level that is necessary, the Secretary of State may direct F1NHS England to transfer the excess to the Secretary of State.

3

If the Secretary of State is satisfied that a mechanism established under section 134 has become dormant, or if a mechanism so established is being wound up, the Secretary of State may direct F1NHS England to transfer to the Secretary of State such funds as are available from the mechanism.