Regulation 9 Application for change in status of recognised fund-holding practice

After regulation 10 of the principal Regulations (withdrawal or death of a member of a fund-holding practice), insert the following new Regulation—

“Application for change in status of recognised fund-holding practice

10A

(1)

A community fund-holding practice may apply to become a standard fund-holding practice and a standard fund-holding practice may apply to become a community fund-holding practice.

(2)

In this regulation, an application under paragraph (1) is referred to as an “application for change in fund-holding status”.

(3)

An application for change in fund-holding status to take effect from 1st April in any year shall be made by 1st July in the preceding year or, in the case of an application from a standard fund-holding practice to become a community fund-holding practice, such later date as the Regional Health Authority may agree.

(4)

Regulation 3 (except for paragraph 2A), and regulations 5 and 6 shall apply to an application for change in fund-holding status as they apply to an application for recognition as a fund-holding practice but as if the references in those Regulations—

(a)

to an application were references to an application for change in fund-holding status; and

(b)

to the grant or refusal of recognition were references to the grant or refusal of an application for change in fund-holding status.”.