Part I The National Health Service

Control of prices of medicines and profits

34 Power to control prices.

(1)

The Secretary of State may, after consultation with the industry body—

(a)

limit any price which may be charged by any manufacturer or supplier for the supply of any health service medicine, and

(b)

provide for any amount representing sums charged by that person for that medicine in excess of the limit to be paid to the Secretary of State within a specified period.

(2)

The powers conferred by this section are not exercisable at any time in relation to a manufacturer or supplier to whom at that time a voluntary scheme applies.