Document ID: chunk:federal_register_of_legislation:C2007A00111:clause:1_99ad
Version: federal_register_of_legislation:C2007A00111
Segment Type: clause
Provision Reference: sch 1 cl 99AD
Character Range: 60783–62074

99AD  What this Division is about

      This Division requires the responsible person for certain brands of pharmaceutical items to comply with the price disclosure requirements for each supply of those brands of pharmaceutical items.
         • Subdivision B has the price disclosure requirements. It provides for regulations to set out the kind of information that is required to be provided for the brand of the pharmaceutical item, the form and manner in which that information is to be provided and when that information is to be provided.
         • Subdivision C sets out the situations when the responsible person for the brand of the pharmaceutical item is required to comply with the price disclosure requirements. This could be because compliance with the price disclosure requirements is mandatory, or because the responsible person volunteers to comply with them.
         • Subdivision D provides for the consequences of failing to comply with the price disclosure requirements.
      In addition, this Division reduces the approved price to pharmacists of the brand of the pharmaceutical item in specified circumstances (see Subdivision E). This reduction happens as a result of the price being adjusted based on information collected about brands of pharmaceutical items.