Document ID: chunk:federal_register_of_legislation:C2025C00090:section:99aca
Version: federal_register_of_legislation:C2025C00090
Segment Type: section
Provision Reference: s 99ACA
Character Range: 317746–319594

99ACA  Definitions etc.
 (1) In this Division:
component drug, in relation to a drug in a combination item, means a drug or medicinal preparation that is contained in that drug.
listed component drug means a component drug in relation to which a declaration under subsection 85(2) is in force.
 (2) A listed component drug contained in a drug in a combination item has been subject to a 12.5% price reduction if a pharmaceutical item that has:
 (a) the listed component drug; and
 (b) the same manner of administration as the combination item;
is in a class of pharmaceutical items to which a 12.5% administrative price reduction has applied.
 (2A) A listed component drug contained in a drug in a combination item has been subject to a 16% price reduction if a pharmaceutical item that has:
 (a) the listed component drug; and
 (b) the same manner of administration as the combination item;
is in a class of pharmaceutical items to which a 16% administrative price reduction has applied.
 (2B) A listed component drug contained in a drug in a combination item has been subject to a 25% price reduction if a pharmaceutical item that has:
 (a) the listed component drug; and
 (b) the same manner of administration as the combination item;
is in a class of pharmaceutical items to which a 25% administrative price reduction has applied.
 (3) The Minister may, by legislative instrument, determine that a 12.5% administrative price reduction has applied to a class of pharmaceutical items.
 (4) A reference in this Division to the approved ex‑manufacturer price of a brand of a pharmaceutical item being reduced under subsection 99ACF(2) is to be read as a reference to that subsection applying to the brand of the pharmaceutical item.

Subdivision B—First new brand price reductions for brands of pharmaceutical items that are not combination items