National Health Act 1953
99ACLSpecial rule—statutory price reduction for drugs on F1
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99ACL Special rule—statutory price reduction for drugs on F1
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.