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 YearAmountEnding with 31 March 2021£127,007,000,000Ending with 31 March 2022£133,283,000,000Ending with 31 March 2023£139,990,000,000Ending with 31 March 2024£148,467,000,000
Section 2 This act extended to England and Wales. It came into force on the day on which it was passed and expired at the end of 31 March 2024.
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