Can the Trust just go ahead and approve a shareholding in a spin out company?
• No, it needs approval of a business case by the Private Finance Unit of the Department of Health. The business case will include legal documentation, e.g. shareholders agreement, Memorandum and Articles of Association. Back to: Current List or Category List • What is the purpose of submitting a business case for approval. • The purpose is to develop best practice and to provide constructive advice, not to slow things down. It is intended that the Private Finance Unit will provide an efficient and helpful service.
