Paragraph 5

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch.2, paras.4,5 substituted by National Health Service (Fund-Holding Practices) 1996 reg.12(2)
Sch.2, para.13 added by National Health Service (Fund-Holding Practices) 1996 reg.12(3)
Sch.2, para.1 amended by National Health Service (Fund-Holding Practices) 1995 reg.14(2)
Sch.2, para.2 revoked by National Health Service (Fund-Holding Practices) 1995 reg.14(3)
Sch.2, para.10A added by National Health Service (Fund-Holding Practices) 1995 reg.14(4)
Sch.2, para.12 substituted by National Health Service (Fund-Holding Practices) 1995 reg.14(5)

The members of a fund-holding practice have in place administrative and financial systems conducive to the effective and efficient management of the allotted sum.