Commonwealth Consolidated Acts

NATIONAL HEALTH ACT 1953 - SECT 99ACM

  (1)   This section applies to a brand of a pharmaceutical item on a 5% price reduction day if:

  (a)   the drug in the pharmaceutical item is on F1 on the 5% price reduction day; and

  (b)   the tenth anniversary of the drug being a listed drug occurred during the period:

  (i)   beginning at the start of 1   May 2021; and

  (ii)   ending at the end of 1   April 2022.

Note:   See also section   99ACG.

  (2)   In this section, the 5% price reduction day is 1   April 2023.