sec.36Term

sec.36 Term

A renewal of a pharmacy business licence under this division extends the term of the licence by a period of 1 year, starting on— if the application for the renewal is granted before the licence expires—the day after the day the licence would have expired but for the renewal; or otherwise—the day the application for the renewal is granted. A restoration of a pharmacy business licence under this division extends the term of the licence by a period of 1 year starting on the day the application for the restoration is granted. A pharmacy business licence renewed or restored under this division stops having effect if— the licence is suspended, cancelled or surrendered under division 4 ; or each holder of the licence disposes of the holder’s entire interest as an owner of the pharmacy business to which the licence relates; or for a pharmacy business licence held by only 1 person—the holder of the licence dies. However, if a pharmacy business licence renewed or restored under this division is suspended, the licence stops having effect only for the period of the suspension. (sec.36-ssec.1) A renewal of a pharmacy business licence under this division extends the term of the licence by a period of 1 year, starting on— if the application for the renewal is granted before the licence expires—the day after the day the licence would have expired but for the renewal; or otherwise—the day the application for the renewal is granted. (sec.36-ssec.2) A restoration of a pharmacy business licence under this division extends the term of the licence by a period of 1 year starting on the day the application for the restoration is granted. (sec.36-ssec.3) A pharmacy business licence renewed or restored under this division stops having effect if— the licence is suspended, cancelled or surrendered under division 4 ; or each holder of the licence disposes of the holder’s entire interest as an owner of the pharmacy business to which the licence relates; or for a pharmacy business licence held by only 1 person—the holder of the licence dies. (sec.36-ssec.4) However, if a pharmacy business licence renewed or restored under this division is suspended, the licence stops having effect only for the period of the suspension.

• (a) if the application for the renewal is granted before the licence expires—the day after the day the licence would have expired but for the renewal; or
• (b) otherwise—the day the application for the renewal is granted.
• (a) the licence is suspended, cancelled or surrendered under division 4 ; or
• (b) each holder of the licence disposes of the holder’s entire interest as an owner of the pharmacy business to which the licence relates; or
• (c) for a pharmacy business licence held by only 1 person—the holder of the licence dies.