{
  "url": "https://openlegislation.uk/health-and-social-care-act-2012/section-145",
  "json_url": "https://openlegislation.uk/health-and-social-care-act-2012/section-145.json",
  "legislation": "ukpga/2012/7",
  "legislation_title": "Health and Social Care Act 2012",
  "legislation_url": "https://openlegislation.uk/health-and-social-care-act-2012",
  "path": "section/145",
  "kind": "section",
  "number": "145",
  "heading": "Borrowing",
  "text": "(1) NHS England may—\n(a) borrow from a deposit-taker such sums as it may from time to time require for exercising its functions under this Chapter;\n(b) give security for sums that it borrows.\n(2) But NHS England may not borrow if the effect would be—\n(a) to take the aggregate amount outstanding in respect of the principal of sums borrowed by it over such limit as the Secretary of State may by order specify, or\n(b) to increase the amount by which the aggregate amount so outstanding exceeds that limit.\n(3) In this section, “deposit-taker” means—\n(a) a person who has permission under Part 4A of the Financial Services and Markets Act 2000, ...\n(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(4) The definition of “deposit-taker” in subsection (3) must be read with—\n(a) section 22 of the Financial Services and Markets Act 2000,\n(b) any relevant order under that section, and\n(c) Schedule 2 to that Act.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 145(1) substituted (1.7.2022) by Health and Care Act 2022 (c. 31), s. 186(6), Sch. 5 para. 88; S.I. 2022/734, reg. 2(a), Sch. (with regs. 13, 29, 30)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 145(2) substituted (1.7.2022) by Health and Care Act 2022 (c. 31), s. 186(6), Sch. 5 para. 88; S.I. 2022/734, reg. 2(a), Sch. (with regs. 13, 29, 30)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 145(3)(a) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 137 (with Sch. 20); S.I. 2013/423, art. 3, Sch."
    },
    {
      "type": "F",
      "label": "F4",
      "text": "S. 145(3)(b) and word omitted (31.12.2020) by virtue of The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018 (S.I. 2018/1149), reg. 1(3), Sch. para. 43 (with reg. 4); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "S. 145 partly in force; s. 145 in force for specified purposes at Royal Assent, see s. 306(1)(d)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2012/7/section/145",
    "retrieved_at": "2026-10-29T09:08:58.603352+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}