Commonwealth Consolidated Acts

NATIONAL HEALTH ACT 1953 - SECT 99ACI

             (1)  If:

                     (a)  on the day before a 2% price reduction day, a price agreement or a determination under section 85B is in force in relation to a listed brand of a pharmaceutical item; and

                     (b)  the drug in the pharmaceutical item is in Part A of F2 on the 2% price reduction day; and

                     (c)  the pharmaceutical item is not an exempt item on the 2% price reduction day;

this section applies to the listed brand of the pharmaceutical item on the 2% price reduction day.

Note:          Section 99ACG may affect the operation of this section.

             (2)  In this section, each of the following is a 2% price reduction day :

                     (a)  1 August 2008;

                     (b)  1 August 2009;

                     (c)  1 August 2010.