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NATIONAL HEALTH ACT 1953 - SECT 99ACA

Definitions etc.

  (1)   In this Division:

"component drug" , in relation to a drug in a combination item, means a drug or medicinal preparation that is contained in that drug.

"listed component drug" means a component drug in relation to which a declaration under subsection   85(2) is in force.

  (2)   A listed component drug contained in a drug in a combination item has been subject to a 12.5% price reduction if a pharmaceutical item that has:

  (a)   the listed component drug; and

  (b)   the same manner of administration as the combination item;

is in a class of pharmaceutical items to which a 12.5% administrative price reduction has applied.

  (2A)   A listed component drug contained in a drug in a combination item has been subject to a 16% price reduction if a pharmaceutical item that has:

  (a)   the listed component drug; and

  (b)   the same manner of administration as the combination item;

is in a class of pharmaceutical items to which a 16% administrative price reduction has applied.

  (2B)   A listed component drug contained in a drug in a combination item has been subject to a 25% price reduction if a pharmaceutical item that has:

  (a)   the listed component drug; and

  (b)   the same manner of administration as the combination item;

is in a class of pharmaceutical items to which a 25% administrative price reduction has applied.

  (3)   The Minister may, by legislative instrument, determine that a 12.5% administrative price reduction has applied to a class of pharmaceutical items.

  (4)   A reference in this Division to the approved ex - manufacturer price of a brand of a pharmaceutical item being reduced under subsection   99ACF(2) is to be read as a reference to that subsection applying to the brand of the pharmaceutical item.



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