Regulation 25 Applications for recognition as a residual fund-holding practice

Where the relevant Health Board has granted recognition in accordance with regulation 3(1) as a standard fund-holding practice, a primary care purchasing practice or a purchasing co-operative, but the recognition has not taken effect before 1st April 1999, such recognition shall lapse.

Where, by midnight on 31st March 1999, the relevant Health Board has neither granted nor refused recognition in respect of any outstanding application for recognition as a standard fund-holding practice, or as a primary care purchasing practice or as a purchasing co-operative that application shall lapse.

In this regulation, “residual fund-holding practice” means a fund-holding practice recognised as from 1st April 1999, in accordance with the principal Regulations as amended by these Regulations.