Document ID: chunk:federal_register_of_legislation:C2022C00026:clause:3_4
Version: federal_register_of_legislation:C2022C00026
Segment Type: clause
Provision Reference: sch 3 cl 4
Character Range: 42176–42854

4  Paragraph 99ADH(1)(c)
Repeal the paragraph, substitute:
 (c) the unadjusted price reduction for the brand of the pharmaceutical item is:
 (i) if the drug and manner of administration of the pharmaceutical item has been on F2 for less than 42 months—at least 10%; and
 (ii) subject to subparagraph (iii), if the drug and manner of administration of the pharmaceutical item has been on F2 for at least 42 months—at least 30%; and
 (iii) if the drug and manner of administration of the pharmaceutical item has been on F2 for at least 42 months and has had 2 consecutive price reductions under subparagraph (ii) in relation to the brand of the pharmaceutical item—at least 10%.