sec.10Who is an eligible person

sec.10 Who is an eligible person

Each of the following is an eligible person — a practising pharmacist; a corporation whose directors and shareholders are all practising pharmacists; a corporation— whose directors and shareholders are a combination of practising pharmacists and close adult relatives of practising pharmacists; and in which the majority of shares, and all voting shares, are held by practising pharmacists; a friendly society that, on 29 April 2005, carried on a pharmacy business in Queensland or another State; a friendly society that is an amalgamation of 2 or more friendly societies mentioned in paragraph (d) ; Mater Misericordiae Ltd ACN 096 708 922. In this section— friendly society means a corporation— that is registered under the Corporations Act under a name that includes the words ‘friendly society’; and that is not carrying on business for the dominant purpose of securing a profit or pecuniary gain for its members; and for which any object or intention of providing a dividend to its members is a limited, and not a dominant, purpose; and that applies its property and income towards the objects of the corporation. (sec.10-ssec.1) Each of the following is an eligible person — a practising pharmacist; a corporation whose directors and shareholders are all practising pharmacists; a corporation— whose directors and shareholders are a combination of practising pharmacists and close adult relatives of practising pharmacists; and in which the majority of shares, and all voting shares, are held by practising pharmacists; a friendly society that, on 29 April 2005, carried on a pharmacy business in Queensland or another State; a friendly society that is an amalgamation of 2 or more friendly societies mentioned in paragraph (d) ; Mater Misericordiae Ltd ACN 096 708 922. (sec.10-ssec.2) In this section— friendly society means a corporation— that is registered under the Corporations Act under a name that includes the words ‘friendly society’; and that is not carrying on business for the dominant purpose of securing a profit or pecuniary gain for its members; and for which any object or intention of providing a dividend to its members is a limited, and not a dominant, purpose; and that applies its property and income towards the objects of the corporation.

• (a) a practising pharmacist;
• (b) a corporation whose directors and shareholders are all practising pharmacists;
• (c) a corporation— (i) whose directors and shareholders are a combination of practising pharmacists and close adult relatives of practising pharmacists; and (ii) in which the majority of shares, and all voting shares, are held by practising pharmacists;
• (i) whose directors and shareholders are a combination of practising pharmacists and close adult relatives of practising pharmacists; and
• (ii) in which the majority of shares, and all voting shares, are held by practising pharmacists;