# The National Health Service (General Medical Services Contracts) Regulations 2015, Regulation 23: Finance


(1) The contract must contain a term which has the effect of requiring payments under the contract to be made promptly and in accordance with—
(a) the terms of the contract; and
(b) any other conditions relating to payment contained in directions given by the Secretary of State under section 87 of the Act (GMS contracts: payments) .
(2) The contract must contain a term to the effect that where, in accordance with directions given by the Secretary of State under section 87 (GMS contracts: payments) or section 98A of the Act (exercise of functions), NHS England is required to make a payment to a contractor under a contract but subject to conditions, those conditions must be a term of the contract.
(3) The obligation referred to in paragraph (1) is subject to any right that NHS England may have to set off against an amount payable to the contractor under the contract any amount that—
(a) is owed by the contractor to NHS England under the contract; or
(b) NHS England may withhold from the contractor in accordance with the terms of the contract or any other applicable provisions contained in directions given by the Secretary of State under section 87 of the Act (GMS contracts: payments).

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Source: https://www.legislation.gov.uk/uksi/2015/1862/regulation/23 (the official version)
Page: https://openlegislation.uk/national-health-service-general-medical-services-contracts-regulations-2015/regulation-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.