Regulation 4 Calculation of turnover for the purposes of section 105(4) of the Act: ... integrated care boardsF14F2I1

For the purposes of section 105(4) of the Act, the turnover F1... of an integrated care board is to be the revenue resource use by F3... F4the integrated care board—

Where the period during the preceding financial year for which F9... F10an 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.

Where there is no preceding financial year for F11an integrated care board, the turnover is to be the revenue resource use of F12the integrated care board in the relevant period, divided by the number of months in that period and multiplied by 12.

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;

• F13“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