Document ID: chunk:federal_register_of_legislation:C2021A00139:clause:1_77
Version: federal_register_of_legislation:C2021A00139
Segment Type: clause
Provision Reference: sch 1 cl 77
Character Range: 40476–41252

77  Paragraph 99ADH(1)(c)
Repeal the paragraph, substitute:
 (c) the unadjusted price reduction for the brand of the pharmaceutical item is:
 (i) if section 99ADHC does not apply to the brand of the pharmaceutical item—at least 10%; or
 (ii) subject to subparagraph (iii), if section 99ADHC applies to the brand of the pharmaceutical item and the approved ex‑manufacturer price of the brand of the pharmaceutical item is more than $4—at least 30%; or
 (iii) if section 99ADHC applies to the brand of the pharmaceutical item, the approved ex‑manufacturer price of the brand of the pharmaceutical item is more than $4, and the brand of the pharmaceutical item has passed the 12.5% average unadjusted price reduction test set out in subsection (6) of this section—at least 10%.