Federal Register of Legislation - Australian Government

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This instrument is a notification that the Minister's delegate has exercised discretion under subsection 99ACF(3) of the National Health Act 1953 to not apply anniversary price reductions that would otherwise apply to the specified drugs on 1 April 2020.
Administered by: Health
Registered 31 Mar 2020

 

 

I, THEA DANIEL, Assistant Secretary, Pricing and PBS Policy Branch, Technology Assessment and Access Division, Department of Health, delegate of the Minister for Health, make this determination under subsection 99ACF(3) of the National Health Act 1953.

Dated     30 March 2020

 

 

 

 

 

 

 

 

 

THEA DANIEL

 

Assistant Secretary

Pricing and PBS Policy Branch

Technology Assessment and Access Division

Department of Health

 

 

 

 

 

 

 

1              Name of Determination

                This instrument is the National Health (April 2020 Anniversary statutory price reduction) (Exercise of Ministerial discretion) Determination 2020.  

2              Commencement

                This instrument commences on 1 April 2020.

3              Definition

 

              Note: A number of expressions used in this instrument are defined in Part VII the Act,

 

In this instrument:

  

   Act means the National Health Act 1953.

 

price reduction day has the same meaning as in section 99ACL of the Act.

4              Authority

 

This instrument is made under subsection 99ACF(3) of the Act.

5              Brand of pharmaceutical item not subject to a price reduction

 

                I determine, under paragraph 99ACF(3)(a) of the Act, that the approved ex-manufacturer price of each brand of pharmaceutical item specified in column 2  as an item in the table in Schedule 1 is not reduced under a provision mentioned in item 3 or 4 of the table in subsection 99ACF(1) of the Act, as appropriate, in relation to the price reduction day.

 

            


Schedule 1 Brands of pharmaceutical items with approved ex-manufacturer price not reduced

 

Column 1

Column 2

Item

Brand of Pharmaceutical Item

 

Drug

Form

Manner of administration

Brand

1

High fat formula with vitamins, minerals and trace elements and low in protein and carbohydrate

 

Oral liquid 200 mL, 32 (KetoCal 4:1 LQ)

Oral

KetoCal 4:1 LQ

2

High fat formula with vitamins, minerals and trace elements and low in protein and carbohydrate

 

Oral powder 300 g (KetoCal 3:1)

 

Oral

KetoCal 3:1

 

3

High fat formula with vitamins, minerals and trace elements and low in protein and carbohydrate

 

Oral powder 300 g (KetoCal 4:1)

 

Oral

KetoCal 4:1

 

4

Iron sucrose

 

Concentrate for solution for infusion 2.7 g (equivalent to 100 mg iron (III)) in 5 mL

 

Injection

Venofer