Document ID: chunk:federal_register_of_legislation:C2010A00126:clause:2_5
Version: federal_register_of_legislation:C2010A00126
Segment Type: clause
Provision Reference: sch 2 cl 5
Character Range: 11897–12478

5  Subsection 99ACA(1)
Insert:
subject to an outstanding staged reduction: a brand of a pharmaceutical item is subject to an outstanding staged reduction on a day if:
 (a) on any day before that day, section 99ACK had applied to the brand of the pharmaceutical item; and
 (b) on the day before that day, the agreed price, or the determined price and claimed price, of the brand of the pharmaceutical item had not been reduced, because of the application of section 99ACF in relation to section 99ACK or 99ACM, by 25% of the relevant price of the brand of the pharmaceutical item.