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NHS Property Services

Question for Department of Health

UIN 108740, tabled on 19 October 2017

To ask the Secretary of State for Health, for what reason he approved the application by NHS Property Services Limited to extend the deadline set for the repayment of the loan by six months to 30 September 2018.

Answered on

27 October 2017

The loan repayment term was varied to 30 September 2018 to ensure the company had sufficient working capital for a period of at least one year following approval of the statutory report and accounts for the 2016-17 financial year, which is in line with best practice for companies.