§ Mr. Nicholas WintertonTo ask the Secretary of State for Health what guidance is given by her Department to regional health authorities about speculative investment in the property market.
§ Mr. SackvilleHealth authorities are not allowed to invest speculatively in the property market. In certain circumstances, they may acquire land by agreement and manage and deal with land in order to make more income available to the health service. Departmental guidance is given in "Property Transactions in the NHS" which specifically prohibits investment in property and land dealing markets.