United Kingdom legislation
Act of Parliament | |
Parliament of the United Kingdom | |
Long title | An Act to make provision regarding the funding of the health service in England in respect of each financial year until the financial year that ends with 31 March 2024. |
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Citation | 2020 c. 5 |
Introduced by | Matt Hancock, Secretary of State for Health and Social Care (Commons) Baroness Blackwood of North Oxford, Parliamentary Under-Secretary of State for Life Science (Lords) |
Territorial extent | England & Wales |
Dates | |
Royal assent | 16 March 2020 |
Commencement | 16 March 2020 |
Repealed | 31 March 2024 |
Other legislation | |
Relates to | National Health Service Act 2006 Health and Social Care Act 2012 |
Status: Current legislation | |
History of passage through Parliament | |
Text of statute as originally enacted | |
Revised text of statute as amended |
The NHS Funding Act 2020 (c. 5) is an act of the Parliament of the United Kingdom that sets out the funding for NHS England from 2021 to 2024 that the Secretary of State for Health and Social Care must allot to the respective trusts. This form part of the Government's NHS long-term plan and puts the Chancellor of the Exchequer under a "legal duty" to ensure this money, at a minimum, is spent on the NHS.
Provisions
Section 1 - Funding Settlement for the Health Service in England
The Secretary of State for Health and Social Care must "allot an amount that is at least the amount specified" in the table below:
Financial Year | Amount |
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Ending with 31 March 2021 | £127,007,000,000 |
Ending with 31 March 2022 | £133,283,000,000 |
Ending with 31 March 2023 | £139,990,000,000 |
Ending with 31 March 2024 | £148,467,000,000 |
Section 2
This act extends to England and Wales. It comes into force on the day on which it is passed and expires at the end of 31 March 2024.
References
- "NHS Funding Act 2020". www.legislation.gov.uk. Retrieved 4 May 2020.
- Department of Health and Social Care (2020). NHS Funding Bill: Explanatory Notes (PDF). p. 6.