A National Health Service trust provides services on behalf of the English NHS and NHS Wales.
The trusts are not trusts in the legal sense but are in effect public sector corporations. Each trust is headed by a board consisting of executive and non-executive directors, and is chaired by a non-executive director. Non-executive directors are recruited by open advertisement.
All trust boards are required to have an audit committee consisting only of non-executive directors, on which the chair may not sit. This committee is entrusted not only with supervision of financial audit, but of systems of corporate governance within the trust.
Famous quotes containing the word trust:
“I trust the time is coming, when the occupation of an instructer [sic] to children will be deemed the most honorable of human employment. If it is a drudgery to teach these little ones, then it is the duty of men to bear a part of that burthen; if it is a privilege and an honor, then we generously invite them to share that honor and privilege with us.”
—Angelina Grimké (1805–1879)