sec.232Return of transactions for wholesale representatives

sec.232 Return of transactions for wholesale representatives

A wholesale representative must, periodically but at least every 3 months, give the representative’s employer a return complying with subsection (2) about the transactions carried out by the representative for the period. Maximum penalty—40 penalty units. The return must state the following information— the period of the return; the total amount of each type of medicine in the representative’s possession at the start and end of the period; the amount of each type of medicine received by the representative; the amount of each type of medicine given as a sample, or returned, by the representative; the invoice number for each medicine given as a sample or return. The wholesale representative must keep a copy of each return sent to the representative’s employer. Maximum penalty—40 penalty units. See section 224 about keeping records. The wholesale representative’s employer must also keep a copy of each return received from the wholesale representative. Maximum penalty—40 penalty units. In this section— employer , of a wholesale representative, means the wholesaler that the representative acts as an agent or representative for. (sec.232-ssec.1) A wholesale representative must, periodically but at least every 3 months, give the representative’s employer a return complying with subsection (2) about the transactions carried out by the representative for the period. Maximum penalty—40 penalty units. (sec.232-ssec.2) The return must state the following information— the period of the return; the total amount of each type of medicine in the representative’s possession at the start and end of the period; the amount of each type of medicine received by the representative; the amount of each type of medicine given as a sample, or returned, by the representative; the invoice number for each medicine given as a sample or return. (sec.232-ssec.3) The wholesale representative must keep a copy of each return sent to the representative’s employer. Maximum penalty—40 penalty units. See section 224 about keeping records. (sec.232-ssec.4) The wholesale representative’s employer must also keep a copy of each return received from the wholesale representative. Maximum penalty—40 penalty units. (sec.232-ssec.5) In this section— employer , of a wholesale representative, means the wholesaler that the representative acts as an agent or representative for.

• (a) the period of the return;
• (b) the total amount of each type of medicine in the representative’s possession at the start and end of the period;
• (c) the amount of each type of medicine received by the representative;
• (d) the amount of each type of medicine given as a sample, or returned, by the representative;
• (e) the invoice number for each medicine given as a sample or return.