2.2(4)Where the provincial authority has established maximum desirable levels of full time equivalents under subsection (1) in respect of a fiscal year, the provincial authority shall calculate, before the first day of July in that fiscal year, in accordance with a formula provided in the regulations, the full time equivalent for each medical practitioner engaged in a type of practice in the Province or in the area during the preceding fiscal year and the actual number of full time equivalents in the Province or in the area for each type of practice engaged in by medical practitioners in the Province or in the area during the preceding fiscal year.