Document ID: chunk:federal_register_of_legislation:C2022C00026:clause:1_32
Version: federal_register_of_legislation:C2022C00026
Segment Type: clause
Provision Reference: sch 1 cl 32
Character Range: 24247–24813

32  Paragraphs 99ACE(4A)(a) and (b)
Repeal the paragraphs, substitute:
 (a) subject to subsection (5D), does not exceed the claimed price for that pack quantity of the related brand of the related item, on the day before the reduction day, reduced by 25%; or
 (b) subject to subsection (5E), does not exceed:
 (i) 60% of the claimed price for that pack quantity of the related brand of the related item on 1 January 2016; or
 (ii) if subparagraph (i) does not apply—60% of the original claimed price for that pack quantity of the related brand of the related item.