31Calculation of Commonwealth price under section 18

31 Calculation of Commonwealth price under section 18

(1) If there is no standard formula preparation for an extemporaneously‑ prepared pharmaceutical benefit, the Commonwealth price for the supply, by an approved pharmacist, of the benefit may be worked out, by the pharmacist, under section 18. (2) Subject to subsection (3), the Commonwealth price for the supply, by an approved pharmacist, of a standard formula preparation plus an additive must be worked out under section 30. (3) If an approved pharmacist indicates that the pharmaceutical benefit is to
be priced as if the prescription had specified only the standard formula preparation, the amount payable will be the Commonwealth price for the standard formula preparation, worked out under section 18. (4) For subsection (1), if an approved pharmacist elects to work out the Commonwealth price under section 18, the election must be in accordance with paragraph 9 of the Determination under paragraph 98C(1)(b) of the National Heath Act 1953.