Document ID: chunk:federal_register_of_legislation:F2024C00988:reg:65a:p2
Version: federal_register_of_legislation:F2024C00988
Segment Type: reg
Provision Reference: reg 65A (pt 2/2)
Character Range: 120659–122553

drug contained in the quantity or number of units in the pricing quantity of any one brand of the pharmaceutical item compared to the total quantity or amount of the listed component drug in the pricing quantity of the brand of the combination item.
non‑listed component price means the day before combination item AEMP reduced (but not below zero) by the sum of the approved ex‑manufacturer prices, on the day before the reduction day, of any one brand of each of the listed component items, adjusted in accordance with subsection (3).
reduction day component AEMPs means the sum of:
 (a) the approved ex‑manufacturer prices, on the reduction day, of any one brand of each of the listed component items, adjusted in accordance with subsection (3); and
 (b) if the combination item includes one or more component drugs that are not listed component drugs—the non‑listed component price multiplied by the differential reduction percentage.
 (3) For the purposes of the definitions of day before component AEMPs, non‑listed component price and reduction day component AEMPs in subsection (2), adjust the approved ex‑manufacturer price of a brand of a listed component item so that the value attributed to the listed component drug in the combination item reflects:
 (a) any difference in quantity or amount; and
 (b) any difference in pricing quantity;
of the listed component drug in the listed component item.
 (4) For the purposes of paragraph (c) of the definition of listed component item in subsection (2), if there is more than one pharmaceutical item that has the smallest difference as referred to in that paragraph, the pharmaceutical item that:
 (a) is not an exempt item; and
 (b) results in the smallest reduction under this section to the approved ex‑manufacturer price of the brand of the combination item;
is taken to be the listed component item for the purposes of this section.