Document ID: chunk:federal_register_of_legislation:C2007A00111:clause:1_99ac
Version: federal_register_of_legislation:C2007A00111
Segment Type: clause
Provision Reference: sch 1 cl 99AC
Character Range: 31598–32305

99AC  What this Division is about

      This Division is about price reductions for listed brands of pharmaceutical items.
      Subdivision B requires there to be at least a 12.5% price reduction in the price of a new brand of a pharmaceutical item that is not a combination item.
      Subdivision C sets out the circumstances in which price reductions are required for combination items.
      Subdivision D provides for price reductions for pharmaceutical items (including for combination items in some cases):

                (a) flowing on from the 12.5% price reduction required under Subdivision B; and
                (b) arising if a pharmaceutical item has a drug on F2 on a particular day.