Regulation 10 Application for change in status of recognised fund-holding practice
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.
In this regulation, an application under paragraph (1) is referred to as an “application for change in fund-holding status”.
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 Health Authority may agree.
Regulation 3 (except for paragraph (4)) 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—
to an application were references to an application for change in fund-holding status; and
to the grant or refusal of recognition were references to the grant or refusal of an application for change in fund-holding status.