70.—(1) Without prejudice to any other remedies which it may have under the contract, where a Local Health Board has approved an application made under paragraph 69(3) it shall, subject to paragraph 71, be entitled to serve notice on the contractor withdrawing or varying that approval, from a date specified in the notice, if it is no longer satisfied that the proposed arrangement will enable the contractor to meet satisfactorily its obligations under the contract.
(2) The date specified in the notice shall be such as appears reasonable in all the circumstances to the Local Health Board.
(3) The notice referred to in sub-paragraph (1) shall take effect on whichever is the later of —
(a)the date specified in the notice; or
(b)(if applicable) the date of the final determination of the NHS dispute resolution procedure (or any court proceedings) relating to the notice in favour of the Local Health Board.