Regulation 2 Basic price of drugs, medicines and listed appliances

For the purposes of section 87D of the Act (indicative amounts for doctors' practices), the basic price of any drugs, medicines and listed appliances shall be calculated in accordance with the following paragraphs of this regulation.

Where the name of a drug or medicine is listed in the Drug Tariff in a list which specifies a price for a specified quantity of that drug or medicine, the basic price of that drug or medicine shall be the price so specified.

Where the name of a drug or medicine is not so listed in the Drug Tariff, the basic price of that drug or medicine shall be the manufacturer’s list price.

The basic price of a listed appliance shall be the price of the appliance specified in the Drug Tariff.