Document ID: chunk:federal_register_of_legislation:C2007A00111:clause:1_99ade
Version: federal_register_of_legislation:C2007A00111
Segment Type: clause
Provision Reference: sch 1 cl 99ADE
Character Range: 69237–70768

99ADE  Voluntary compliance with the price disclosure requirements

 (1) A person may elect, in writing, to be required to comply with the price disclosure requirements for each supply of every brand (the volunteered brands) of every pharmaceutical item (the volunteered items) if:
 (a) the person is the responsible person for the volunteered brands of the volunteered items; and
 (b) another person is required under subsection 99ADD(1) to comply with the price disclosure requirements for each supply of the mandatory brand of the mandatory item; and
 (c) the volunteered brands are listed brands of the volunteered items on the determination day (see paragraph 99ADD(1)(b)); and
 (d) the mandatory item and volunteered items have the same drug and manner of administration.

 (2) If the person makes the election, the person is required, on and after the day the election is made, to comply with the price disclosure requirements for each supply of the volunteered brands of the volunteered items.

 (3) If the person makes the election, the person must give a copy of the election to the Minister within 7 days after the day the election is made.

 (4) If the person does not do so by the end of that period, then, on the day after the end of that period, the election is taken never to have been made.

 (5) The person cannot revoke the election.

Note: For the cases where the election may be taken to be revoked, see section 99AEL.

Subdivision D—Consequences for failing to comply with the price disclosure requirements