NHS Funding Act 2020
United Kingdom legislation
Commons)Baroness Blackwood of North Oxford, Parliamentary Under-Secretary of State for Life Science (Lords)
Health and Social Care Act 2012
Status: Current legislation
The NHS Funding Act 2020 (c. 5) is an act of the Parliament of the United Kingdom that 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]
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 |
---|---|
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. It 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 4 May 2020.
- ^ Department of Health and Social Care (2020). NHS Funding Bill: Explanatory Notes (PDF). p. 6.