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Cost recovery impact statement - Complementary medicines, 1 July 2013 - 30 June 2014

28 June 2013

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5. Periodic review

TGA is currently reviewing its ABC methodology to ensure that the fees and charges cover the costs of the services provided for the sector in an effective and efficient manner that is consistent with the Cost Recovery Guidelines. The current ABC methodology indicates presence of an under recovery in the complementary medicines sector. Following the review of the methodology, TGA will consult with the complementary medicines sector on the options available to address the under recovery, with the implementation of any changes expected to occur for the 2014-15 financial year.

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