This guidance is not intended to provide a definitive view on the legal and financial implications
associated with handing back a GMS contract; it does not cover in detail such matters as selling
assets or the payment of debts and liabilities and it is important that practices seek appropriate
professional advice on the process and the procedures to follow.
The guidance has been produced by GPC Wales with the aim of informing practices, who
may be in the position of having to consider handing back their GMS contract to the Health Board, of
all options for help and support that are available and which should be considered before a final
decision is taken.
The document, whilst primarily intending to highlight the areas of support available to practices, also
seeks to remind and warn practices that the consequences of mismanaging a contract hand-back can
be significant and long lasting; both in a financial and personal capacity.