Sch 2 para 16
(1) The powers of a Local Health Board include power to enter into externally financed development agreements. (2) For the purposes of this paragraph, an agreement is an externally financed development agreement if it is certified as such in writing by the Welsh Ministers. (3) The Welsh Ministers may give a certificate under this paragraph if— (a) in their opinion the purpose or main purpose of the agreement is the provision of facilities or services in connection with the discharge by the Local Health Board of any of its functions, and (b) a person proposes to make a loan to, or provide any other form of finance for, another party in connection with the agreement. (4) If a Local Health Board enters into an externally financed development agreement it may also, in connection with that agreement, enter into an agreement with a person who falls within sub-paragraph (3)(b) in relation to the externally financed development agreement. (5) “ Another party ” means any party to the agreement other than the Local Health Board. (6) The fact that an agreement made by a Local Health Board has not been certified under this paragraph does not affect its validity.