99ACP1.48% statutory price reduction for certain drugs—15th anniversary

#### 99ACP 1.48% statutory price reduction for certain drugs—15th anniversary (1) This section applies to a brand of a pharmaceutical item on the 15th anniversary price reduction day if: (a) subsection 99ACB(5) or (5A) or 99ACD(5) or (5A) or section 99ACQ or subsection 99ACR(3) has applied to the brand of the pharmaceutical item; and (b) the approved ex‑manufacturer price of the brand of the pharmaceutical item has not been previously reduced under subsection 99ACF(1) or (2) because of: (i) item 4 in the table in section 99ACF; or (ii) item 4A in the table in section 99ACF; or (iii) item 8 in the table in section 99ACF; or (iv) item 9 in the table in section 99ACF; and (c) the item is not an exempt item. > Note: See also section 99ACG. (2) In this section, the 15th anniversary price reduction day is the 15th anniversary of the drug in the pharmaceutical item being listed as a listed drug.