# The National Health Service (Licensing and Pricing) Regulations 2013, Regulation 4: Calculation of turnover for the purposes of section 105(4) of the Act: ... integrated care boards

Extent: E+W

(1) For the purposes of section 105(4) of the Act, the turnover ... of an integrated care board is to be the revenue resource use by ... the integrated care board—
(a) during the financial year preceding the date on which NHS England gives notice of a proposed variable monetary penalty to ... that integrated care board ... under paragraph 1(1) of Schedule 11 to the Act (procedure for discretionary requirements); or
(b) if figures are not available for that financial year, the one immediately preceding it.
(2) Where the period during the preceding financial year for which ... an integrated care board has revenue resource use is less than 12 months, the turnover is to be the revenue resource use in that period divided by the number of months in that period and multiplied by 12.
(3) Where there is no preceding financial year for an integrated care board, the turnover is to be the revenue resource use of the integrated care board in the relevant period, divided by the number of months in that period and multiplied by 12.
(4) In this regulation—
“relevant period” means the period in the financial year in which the date of the notice falls ending on the last day of the month preceding the month in which that date falls;
“revenue resource use” means the local revenue resource use of an integrated care board which is attributable to matters specified in a direction given to the integrated care board under section 223N(1) of the National Health Service Act 2006

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Source: https://www.legislation.gov.uk/uksi/2013/2214/regulation/4 (the official version)
Page: https://openlegislation.uk/national-health-service-licensing-and-pricing-regulations-2013/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.