Document ID: chunk:federal_register_of_legislation:C2007A00111:clause:1_99acg
Version: federal_register_of_legislation:C2007A00111
Segment Type: clause
Provision Reference: sch 1 cl 99ACG
Character Range: 55201–56705

99ACG  Other price reductions do not apply if 12.5% statutory price reduction or price disclosure reduction applies

12.5% and 2% reductions

 (1) If:
 (a) any of the following applies to a listed brand of a pharmaceutical item on 1 April or 1 August in a year:
 (i) section 99ACB;
 (ii) section 99ACD or 99ACE;
 (iii) subsection 99ACF(1) or (2) because of item 1 of the table in that section; and
 (b) apart from this subsection, item 2 of the table would apply in relation to the brand of the pharmaceutical item, or another listed brand of the pharmaceutical item, on 1 August in that year;
item 2 of the table does not apply on 1 August in that year in relation to the brand of the pharmaceutical item or the other brand of the pharmaceutical item.

Price disclosure reductions and other price reductions

 (2) If:
 (a) section 99ADH has applied to a listed brand of a pharmaceutical item (the first item) on a day; and
 (b) apart from this subsection, any of the following provisions would apply on or after that day to a listed brand of a pharmaceutical item that has the same drug and manner of administration as the first item:
 (i) section 99ACB;
 (ii) section 99ACD or 99ACE;
 (iii) subsection 99ACF(1) or (2) because of any item of the table in that section;
then none of the provisions mentioned in paragraph (b) apply, on or after that day, to:
 (c) the first item; or
 (d) a listed brand of the pharmaceutical item that has the same drug and manner of administration as the first item.