Clause 17 - Financial powers
Health and Social Care (Community Health and Standards) Bill
12:45 pm
Mr Win Griffiths (Bridgend, Labour)
With this it will be convenient to discuss the following:
Amendment No. 264, in
clause 17, page 7, line 34, at end insert 'direct'.
Amendment No. 18, in
clause 17, page 7, line 36, leave out subsection (2) and insert—
'(2) The trust shall have no constraints on its right to borrow except as outlined in subsection (3)'.
Amendment No. 161, in
clause 17, page 7, line 36, leave out subsections (2) and (3) and insert—
'(2) The trust will have certain limits on its rights to borrow, as outlined in subsection (3).
(3) The trust's borrowings shall not endanger, or incur the loss of protected property, as outlined in section 16.'.
Amendment No. 19, in
clause 17, page 7, line 38, leave out subsection (3) and insert—
'(3) A trust's total borrowings shall not exceed 100 per cent. of its total revenues without the approval of the regulator.'.
Amendment No. 146, in
clause 17, page 7, line 38, at end insert—
'(3A) In calculating these limits, no regard shall be had to any borrowing incurred under the Private Finance Initiative.'.
Amendment No. 21, in
clause 17, page 8, line 6, at end add—
'(7) A foundation trust shall show the total value of all its liabilities on its balance sheet.'.