http://www.legislation.gov.uk/id/nia/2001/3

http://www.legislation.gov.uk/nia/2001/3/section/47

Health and Personal Social Services Act (Northern Ireland) 2001

An Act to establish a Northern Ireland Social Care Council and make provision for the registration, regulation and training of social care workers; to make provision about the recovery of charges in connection with the treatment of road traffic casualties in health services hospitals; to amend the law about the health and personal social services; to confer power to regulate the profession of pharmaceutical chemist; and for connected purposes.

2001-03-30

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Statute Law Database

2022-09-20

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2022-04-01

PART IIIHEALTH AND F4SOCIAL CARE– GENERAL

Annotations:

Amendments (Textual)

Words in Act substituted (1.4.2009) by virtue of Health and Social Care (Reform) Act (Northern Ireland) 2009 (c. 1), ss. 32, 34(3), Sch. 6 para. 1(1)(a) (with Sch. 6 para. 1(2)(3)); S.R. 2009/114, art. 2

F3Health and Social Care trusts

Annotations:

Amendments (Textual)

Words in Act substituted (1.4.2009) by virtue of Health and Social Care (Reform) Act (Northern Ireland) 2009 (c. 1), ss. 32, 34(3), Sch. 6 para. 1(1)(c) (with Sch. 6 para. 1(3)); S.R. 2009/114, art. 2

47Borrowing, surplus funds and investment

1

Schedule 4 to the 1991 Order shall be amended as follows.

2

In paragraph 1(1) (borrowing powers of F1HSC trusts) after “Subject to” there shall be inserted “any direction given by the Department under paragraph 6 of Schedule 3, to”.

3

In paragraph 1 for sub-paragraphs (3) to (6) there shall be substituted—

3
It shall be for the Department, with the consent of the Department of Finance and Personnel, to determine the terms of any loan made by it to an F2HSC trust (including terms as to the payment of interest, if any).

4

In paragraph 5 (surplus funds)—

a

for “amount standing in the reserves of an HSS trust” there shall be substituted “sum held by an HSC trust otherwise than as trustee”;

b

for “that amount” there shall be substituted “that sum”.

5

For paragraph 6 (investment) there shall be substituted—

6
An F2HSC trust shall have power to invest money held by it in any investments, including investments which do not produce income, specified in directions under paragraph 6 of Schedule 3, but nothing in this paragraph applies in relation to money held by an F2HSC trust as trustee.

Annotations:

Amendments (Textual)

Words in Act substituted (1.4.2009) by virtue of Health and Social Care (Reform) Act (Northern Ireland) 2009 (c. 1), ss. 32, 34(3), Sch. 6 para. 1(1)(d) (with Sch. 6 para. 1(3)); S.R. 2009/114, art. 2

Words in Act substituted (1.4.2009) by Health and Social Care (Reform) Act (Northern Ireland) 2009 (c. 1), ss. 32, 34(3), Sch. 6 para. 1(1)(d) (with Sch. 6 para. 1(3)); S.R. 2009/114, art. 2