70. [F1NHS England] may serve notice in writing on the contractor terminating the agreement forthwith or with effect from such date as may be specified in the notice if—
(a)the contractor has breached the agreement and as a result of that breach, the safety of the contractor's patients is at serious risk if the agreement is not terminated; or
(b)the contractor's financial situation is such that [F1NHS England] considers that [F1NHS England] is at risk of material financial loss.
Textual Amendments
F1Words in Regulations substituted (6.11.2023) by The Health and Care Act 2022 (Further Consequential Amendments) (No. 2) Regulations 2023 (S.I. 2023/1071), reg. 1(1), Sch. para. 1