Document ID: chunk:federal_register_of_legislation:C2024A00073:clause:2_2
Version: federal_register_of_legislation:C2024A00073
Segment Type: clause
Provision Reference: sch 2 cl 2
Character Range: 21090–22149

2     Allowable discount for a supply of a pharmaceutical benefit covered by paragraph 87(2)(b)  The amount that is the difference between:
                                                                                                 (a) the current figure of the general patient reduced charge immediately before the adjustment day; and
                                                                                                 (b) the indexed amount of the general patient reduced charge that is substituted under section 99G for the general patient reduced charge on the adjustment day

Allowable discount not to be less than nil
 (3) However, if an allowable discount worked out under subsection (1) or (2) would be less than nil, the allowable discount is increased to nil.

Sunset
 (4) This section ceases to be in force in relation to an allowable discount for a kind of supply of a pharmaceutical benefit at the end of the first adjustment day on which the allowable discount for that kind of supply is adjusted to nil under this section.