{
  "url": "https://openlegislation.uk/national-health-service-fund-holding-practices-general-scotland-regulations-1991/regulation-5",
  "json_url": "https://openlegislation.uk/national-health-service-fund-holding-practices-general-scotland-regulations-1991/regulation-5.json",
  "legislation": "uksi/1991/573",
  "legislation_title": "The National Health Service (Fund-Holding Practices) (General) (Scotland) Regulations 1991",
  "legislation_url": "https://openlegislation.uk/national-health-service-fund-holding-practices-general-scotland-regulations-1991",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Renunciation of recognition",
  "text": "(1) The members of a fund-holding practice may renounce recognition by giving to the relevant Health Board notice of their intention to renounce recognition in accordance with paragraph (2).\n(2) A notice of renunciation referred to in paragraph (1) shall—\n(a) be in writing;\n(b) be signed by a majority of the members of the fund-holding practice;\n(c) be given at least three months before the *31st March next occurring after the sending of the notice;\n(d) be expressed to expire on 31st March; and\n(e) be accompanied by a statement including the following information:—\n(i) details of any NHS contracts into which the members of the practice have entered;\n(ii) the amount of the current balance in the fund-holding account;\n(iii) the amount standing at the credit of the practice in the fund-holding account which is available to be applied for the purposes specified in regulation 16 (savings from the allotted sum);\n(iv) the liabilities of the members of the practice in relation to the allotted sum.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1991/573/regulation/5",
    "retrieved_at": "2026-10-29T14:48:40.955577+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."
}