Pharmacy Business Ownership Act 2024
sec.15Owner of pharmacy business must hold pharmacy business licence
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sec.15 Owner of pharmacy business must hold pharmacy business licence
A person must not own a pharmacy business unless the person holds a pharmacy business licence for the business that is in effect. Maximum penalty—200 penalty units. If a corporation commits an offence against this provision, an executive officer of the corporation may be taken, under section 203 , to have also committed the offence. However, an owner of a pharmacy business does not commit an offence against subsection (1) during either of the following periods— a period for which the pharmacy business licence for the business is suspended under section 65 ; within 28 days after the expiry of the pharmacy business licence for the business. (sec.15-ssec.1) A person must not own a pharmacy business unless the person holds a pharmacy business licence for the business that is in effect. Maximum penalty—200 penalty units. If a corporation commits an offence against this provision, an executive officer of the corporation may be taken, under section 203 , to have also committed the offence. (sec.15-ssec.2) However, an owner of a pharmacy business does not commit an offence against subsection (1) during either of the following periods— a period for which the pharmacy business licence for the business is suspended under section 65 ; within 28 days after the expiry of the pharmacy business licence for the business.
- (a) a period for which the pharmacy business licence for the business is suspended under section 65 ;
- (b) within 28 days after the expiry of the pharmacy business licence for the business.