The price disclosure requirements
99ADC The price disclosure requirements
The price disclosure requirements for a supply of a brand of a pharmaceutical item are:
to provide information prescribed by the regulations in relation to the supply of the brand of the pharmaceutical item by the responsible person to a person or entity prescribed by the regulations; and
to provide that information in the manner and form prescribed by the regulations; and
to provide that information at the times prescribed by the regulations.
Without limiting subsection (1), the regulations may prescribe information relating to:
the price of the brand of the pharmaceutical item supplied, which may be by reference to the quantity or number of units of the pharmaceutical item supplied; and
the volume of the supply; and
the person to whom the supply was made; and
when the supply was made; and
the type and value of any benefit (whether monetary or otherwise) provided to persons by the responsible person in relation to the supply, whether or not the benefit also relates to another supply of a product (the related product) that is:
the brand of the pharmaceutical item; or
any other pharmaceutical item available in the brand or any other brand; or
any other product; and
if the benefit referred to in paragraph (e) also relates to a supply of the related product—information relating to the supply of the related product (including the price and volume of the supply); and
any other matter that is relevant in determining the weighted average disclosed price of the brand of the pharmaceutical item.
Sign in to see bill, explanatory material, and regulations and instruments
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.