Document ID: chunk:federal_register_of_legislation:C2010A00126:clause:2_12
Version: federal_register_of_legislation:C2010A00126
Segment Type: clause
Provision Reference: sch 2 cl 12
Character Range: 20919–21839

12  After subsection 99ACG(1)
Insert:

2% reduction on 1 February 2011 does not apply if a 12.5% reduction has applied
 (1A) If:
 (a) on 1 December 2010, a 12.5% administrative price reduction or any of the following applies to a listed brand of a pharmaceutical item:
 (i) section 99ACB;
 (ii) section 99ACD or 99ACE;
 (iii) subsection 99ACF(1) or (2) because of item 1 of the table in section 99ACF; and
 (b) apart from this subsection, item 2A of the table would apply in relation to the brand of the pharmaceutical item, or another listed brand of the pharmaceutical item, on 1 February 2011;
then item 2A of the table does not apply on 1 February 2011 in relation to the brand of the pharmaceutical item or the other brand of the pharmaceutical item.
Note: The heading to subsection 99ACG(1) is replaced by the heading "2% reduction on 1 August 2008, 2009 or 2010 does not apply if a 12.5% reduction has applied".