1. These Regulations may be cited as the National Health Service (Fund-Holding Practices Audit) (Scotland) Regulations 1997 and shall come into force on 7th November 1997.

2. Where the accounts relating to the allotted sum paid to members of a fund-holding practice in respect of a financial year have been prepared in accordance with section 86(1A) of the National Health Service (Scotland) Act 1978, and have subsequently been summarised in the annual accounts of the relevant Health Board for the same financial year, the requirements for audit in terms of section 86(1A)(a) will not apply.

Explanatory Note

(This note is not part of the Regulations)

These Regulations remove the requirement to have the accounts of fund-holding practices audited by the Accounts Commission for Scotland provided that such accounts are submitted to the relevant Health Board and summarised in the Board's accounts.