Regulation 5 Grant of recognition as a fund-holding practice
(1)
A relevant Regional Health Authority shall grant recognition as a fund-holding practice—
(a)
if it is satisfied that the conditions specified in regulation 6 are fulfilled; and
(b)
in any case where the practice does not include both—
(i)
a member who practises in a partnership where the total number of patients on the lists of patients of the medical practitioners in the partnership exceeds 9,000, and
(ii)
a member who practises in another such partnership.
(2)
Recognition as a fund-holding practice shall be granted so as to take effect from 1st April following the grant of recognition.