Clause 17 - Financial powers
Health and Social Care (Community Health and Standards) Bill
12:45 pm

Mr Chris Grayling (Epsom and Ewell, Conservative)
I am simply seeking clarification from the Government about what will happen to the liabilities. My own view, as set out in amendment No. 21, is that a foundation trust should show the total value of all its liabilities. The real question, which underlies amendment No. 146 and the previous two amendments, is whether we are going to tell a trust that has a new wing or a new hospital, and has already gone beyond the total liability amount permitted by the regulator under the prudential code, that it cannot borrow anything again, because it has already built a new wing.
It being One o'clock, The Chairman adjourned the Committee without Question put, pursuant to the Standing Order.
Adjourned till this day at half-past Four o'clock.
Griffiths, Mr. Win
(Chairman)
Anderson, Janet
Bailey, Mr.
Burnham, Andy
Burns, Mr.
Burstow, Mr.
Calton, Mrs.
Casale, Roger
Gillan, Mrs.
Grayling, Chris
Hall, Mr. Mike
Harris, Dr. Evan
Hepburn, Mr.
Hutton, Mr.
Jones, Mr. Jon Owen
Lammy, Mr.
Lansley, Mr.
McCabe, Mr.
Murrison, Dr.
Pound, Mr.
Russell, Ms Christine
Thomas, Mr. Gareth
Ward, Claire
Young, Sir George
