1-1 of 1 results for subject:Surpluses
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Lord Hutton of Furness
Type
House
Session
Year
Department
Member
Primary member
Answering member
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Hutton of Furness, Lord (1)
Legislative stage
Legislation
Subject
Publisher
To ask the Secretary of State for Health, whether NHS foundation trusts are to be required to reinvest all year-end financial surpluses in ways consistent with the purpose of health-related activity carried out in the public interest.
To ask the Secretary of State for Health, whether NHS foundation trusts are to be required to reinvest all year-end financial surpluses in ways consistent with the purpose of health-related activity carried out in the public interest.
Asked by
Lord Flight
(Conservative)
Answered by
Lord Hutton of Furness
(Labour)
Answering body
Department of Health
Type
Written questions
Status
Answered
Tabled on
21 March 2003
For answer on
1 April 2003
Answered on
1 April 2003
Mr. Flight: To ask the Secretary of State for Health whether NHS foundation trusts are to be required to reinvest all year-end
financial surpluses in ways consistent with the purpose of health-related activity carried out in the public interest. [105127]
Mr. Hutton: Subject to parliamentary approval, a national health service foundation trust may retain any year-end financial
surpluses, subject to the requirement that they are reinvested in ways consistent with its primary purpose, which is to provide NHS
services to NHS patients.
Subjects
Finance; NHS foundation trusts; Surpluses
Date
1 April 2003
Reference
105127; 402 c690W;402 c690-1W
House
House of Commons