[87B Payments to recognised fund-holding practices]

[87B  Payments to recognised fund-holding practices]

[(1)     In respect of each financial year, every Health Board shall be liable to pay to the members of each recognised fund-holding practice in relation to which it is the relevant Health Board a sum determined in such manner and by reference to such factors as the Secretary of State may direct (in this section referred to as an “allotted sum”).

(2)     The liability to pay an allotted sum under subsection (1) may be discharged, in whole or in part, in either of the following ways—

(a)     by making payments on account of the allotted sum at such times and in such manner as the Secretary of State may direct; and

(b)     by discharging liabilities of the members of the practice to any other person (including, in particular, liabilities under NHS contracts);

and any reference in

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