QLDIn ForceAct
Pharmacy Business Ownership Act 2024
sec.16Who may hold material interest in pharmacy business
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sec.16 Who may hold material interest in pharmacy business
A person must not hold a material interest in a pharmacy business unless— the person is a practising pharmacist; or the person is a close adult relative of a practising pharmacist and the practising pharmacist holds an interest in the business. Maximum penalty—200 penalty units. s 16 amd 2025 No. 21 s 5
- (a) the person is a practising pharmacist; or
- (b) the person is a close adult relative of a practising pharmacist and the practising pharmacist holds an interest in the business.