HL Deb 17 June 2002 vol 636 cc59-60WA
Baroness Noakes

asked Her Majesty's Government:

When the board of governors of the shadow NHS Bank will be appointed; and whether they will be appointed by the National Health Service Appointments Commission. [HL4500]

Lord Hunt of Kings Heath

In the short term, the NHS Bank is not being established as a separate statutory organisation with non-executive directors that would require appointment by the NHS Appointments Commission.

The shadow bank is being overseen by the Department of Health Director of Finance and Investment and four strategic health authority chief executives.

Baroness Noakes

asked Her Majesty's Government:

How the shadow NHS Bank will be managed on a day-to-day basis; how many staff will be involved; who will employ those staff; and how the costs of the shadow NHS Bank will be accounted for. [HL4501]

Lord Hunt of Kings Heath

In the short term, the bank will be supported by strategic health authority and Department of Health staff as part of their wider financial and performance management roles.

Baroness Noakes

asked Her Majesty's Government:

On what basis grants could be paid by the shadow NHS Bank; and whether such grants would be recoverable; and [HL4502]

On what terms, as to interest and repayment, loans to National Health Service organisations will be offered by the shadow NHS Bank. [HL4503]

Lord Hunt of Kings Heath

The basis and terms on which any grants or loans may be arranged have yet to be determined.

Baroness Noakes

asked Her Majesty's Government:

What legal form the NHS Bank will have:

  1. (a) when it is operating in shadow form; and
  2. (b) when it is fully established; and [HL4504]

Whether primary legislation is necessary for the full establishment of the NHS Bank; and, if not, how it will be established. [HL4505]

Lord Hunt of Kings Heath

The future legal form of the NHS Bank has yet to be determined.

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