Document ID: chunk:federal_register_of_legislation:C2007A00111:clause:1_99acj
Version: federal_register_of_legislation:C2007A00111
Segment Type: clause
Provision Reference: sch 1 cl 99ACJ
Character Range: 58767–59392

99ACJ  25% statutory price reduction on single day

 (1) If:
 (a) on 31 July 2008, a price agreement or a determination under section 85B is in force in relation to a listed brand of a pharmaceutical item that is not a prescribed brand of that item; and
 (b) the drug in the pharmaceutical item is in Part T of F2 on 1 August 2008; and
 (c) the pharmaceutical item is not an exempt item on 1 August 2008;
this section applies to the listed brand of the pharmaceutical item on 1 August 2008.

 (2) In this section:

prescribed brand means a brand of a pharmaceutical item prescribed for the purposes of subsection 99ACK(2).