NHS Funding Act 2020
The NHS Funding Act 2020 sets out the funding for NHS England from 2021 to 2024 that the Secretary of State for Health and Social Care must allot to the respective trusts.[1] This form part of the Government's NHS long-term plan and puts the Chancellor of the Exchequer under a "legal duty" to ensure this money, at a minimum, is spent on the NHS.[2]
Act of Parliament | |
Long title | An Act to make provision regarding the funding of the health service in England in respect of each financial year until the financial year that ends with 31 March 2024. |
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Citation | 2020 c. 5 |
Introduced by | Matt Hancock, Secretary of State for Health and Social Care (Commons) Baroness Blackwood of North Oxford (Lords) |
Territorial extent | England and Wales |
Dates | |
Royal assent | 16 March 2020 |
Other legislation | |
Relates to | National Health Service Act 2006 Health and Social Care Act 2012 |
Status: Current legislation | |
Text of statute as originally enacted |
Provisions
Section 1 - Funding Settlement for the Health Service in England
The Secretary of State for Health and Social Care must "allot an amount that is at least the amount specified" in the table below:
Financial Year | Amount |
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Ending with 31 March 2021 | £127,007,000,000 |
Ending with 31 March 2022 | £133,283,000,000 |
Ending with 31 March 2023 | £139,990,000,000 |
Ending with 31 March 2024 | £148,467,000,000 |
Section 2
This Act extends to England and Wales., comes into force on the day on which it is passed and expires at the end of 31 March 2024.
References
- "NHS Funding Act 2020". www.legislation.gov.uk. Retrieved 2020-05-04.
- Department of Health and Social Care (2020). NHS Funding Bill: Explanatory Notes (PDF). p. 6.
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