Document ID: chunk:federal_register_of_legislation:C2012A00087:clause:1_69
Version: federal_register_of_legislation:C2012A00087
Segment Type: clause
Provision Reference: sch 1 cl 69
Character Range: 28319–29498

69  Price determinations
(1) Subject to item 72, this item applies if:
 (a) a brand (the relevant brand) of a pharmaceutical item is a listed brand of the pharmaceutical item on both the commencement day and the day before that day; and
 (b) a price determination in relation to the relevant brand of the pharmaceutical item is in force on the day before the commencement day under subsection 85B(2) of the old Act.
Note: Item 72 sets out situations when this item does not apply. One of those situations is when the brand of the pharmaceutical item is a single brand of a combination item (in which case, see item 73).
(2) Despite the amendment made by item 16, on the commencement day:
 (a) the price determination is taken to continue in force (and may be dealt with) on and after that day, as if it were made under subsection 85B(2) of the new Act; and
 (b) the approved ex‑manufacturer price of the brand of pharmaceutical item on that day (see item 70) is taken to be the amount in force under the determination; and
 (c) the pricing quantity of the brand of the pharmaceutical item on that day is taken to be the quantity by reference to which the amount was determined.