Common use of Finance Clause in Contracts

Finance. 9.1 Without prejudice to any other provision in this Agreement, the ICB must comply with the NHS England central finance team’s operational process (as such process is updated from time to time) for the reporting and accounting of funds used for the purposes of the Delegated Functions. 9.2 The ICB acknowledges that it will receive funds from NHS England in respect of the Delegated Functions (the “Delegated Funds”) and that these are in addition to the funds allocated to it within its Annual Allocation. 9.3 Subject to clause 9.4, the ICB may use: 9.3.1 its Annual Allocation and the Delegated Funds in the exercise of the Delegated Functions; and 9.3.2 the Delegated Funds and its Annual Allocation in the exercise of the ICB’s functions other than the Delegated Functions. 9.4 The ICB’s expenditure on the Delegated Functions must be no less than that necessary to: 9.4.1 ensure that NHS England is able to fulfil its functions, including without limitation the Reserved Functions, effectively and efficiently; 9.4.2 meet all liabilities arising under or in connection with all Primary Care Contracts and Arrangements allocated to the ICB in accordance with clauses 6.4 to 6.6; 9.4.3 meet all liabilities arising under or in connection with all Prescribed Dental Services Contracts allocated to the ICB in accordance with clauses 6.4 to

Appears in 16 contracts

Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement

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Finance. 9.1 Without prejudice to any other provision in this Agreement, the ICB must comply with the NHS England central finance team’s operational process (as such process is updated from time to time) for the reporting and accounting of funds used for the purposes of the Delegated Functions. 9.2 The ICB acknowledges that it will receive funds from NHS England in respect of the Delegated Functions (the “Delegated Funds”) and that these are in addition to the funds allocated to it within its Annual Allocation.Allocation.‌ 9.3 Subject to clause 9.4, the ICB may use: 9.3.1 its Annual Allocation and the Delegated Funds in the exercise of the Delegated Functions; and 9.3.2 the Delegated Funds and its Annual Allocation in the exercise of the ICB’s functions other than the Delegated Functions. 9.4 The ICB’s expenditure on the Delegated Functions must be no less than that necessary to:to:‌ 9.4.1 ensure that NHS England is able to fulfil its functions, including without limitation the Reserved Functions, effectively and efficiently; 9.4.2 meet all liabilities arising under or in connection with all Primary Care Contracts and Arrangements allocated to the ICB in accordance with clauses 6.4 to 6.6; 9.4.3 meet all liabilities arising under or in connection with all Prescribed Dental Services Contracts allocated to the ICB in accordance with clauses 6.4 to

Appears in 1 contract

Samples: Delegation Agreement

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