Document ID: chunk:federal_register_of_legislation:C2024A00073:clause:2_1
Version: federal_register_of_legislation:C2024A00073
Segment Type: clause
Provision Reference: sch 2 cl 1
Character Range: 18053–19028

1     Allowable discount for a supply of a pharmaceutical benefit covered by paragraph 87(2)(a)  The amount that is the difference between:
                                                                                                 (a) the current figure of the concessional beneficiary charge at the start of 1 January 2025 (the frozen CBC); and
                                                                                                 (b) the indexed amount of the concessional beneficiary charge that would have been substituted under section 99G for the concessional beneficiary charge on the adjustment day if:
                                                                                                 (i) subsection 99G(1B) were not enacted; and
                                                                                                 (ii) the concessional beneficiary charge immediately before the adjustment day were equal to the frozen CBC