PARLIAMENTARY WRITTEN QUESTION
NHS Foundation Trusts (24 April 2018)
Question Asked
To ask the Secretary of State for Health and Social Care, what restrictions apply to the sale of shares in any wholly owned company limited by shares which have been set up by a NHS Foundation Trust.
Asked by:
Karin Smyth (Labour)
Asked by:
Karin Smyth (Labour)
Answer
Legislation permitting foundation trusts to set up subsidiary companies has been in place since 2004 and specific restrictions on subsequent sale were not put in place at that time or subsequently.
Restrictions for foundation trusts on the sale of assets exist where disposal would affect commissioner requested services, but that only applies in specific limited cases.
Answered by:
Steve Barclay (Conservative)
30 April 2018
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