Commonwealth Consolidated Acts

NATIONAL HEALTH ACT 1953 - SECT 99ACL

Tenth anniversary of listing of drug falls on or before 1   June 2018

  (1)   This subsection applies to a brand of a pharmaceutical item if:

  (a)   the drug in the pharmaceutical item is on F1 on 1   June 2018 (the price reduction day ); and

  (b)   the price reduction day is on or after the tenth anniversary of the drug being a listed drug; and

  (c)   subsection   (2) is not satisfied in relation to the brand of the pharmaceutical item.

15th anniversary of listing of drug falls on or before 1   June 2018

  (2)   This subsection applies to a brand of a pharmaceutical item if:

  (a)   the drug in the pharmaceutical item is on F1 on 1   June 2018 (the price reduction day ); and

  (b)   the price reduction day is on or after the 15th anniversary of the drug being a listed drug.