Pharmacy Business Ownership Act 2024
sec.57Addition or removal of material interest holder or director on council’s own initiative
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sec.57 Addition or removal of material interest holder or director on council’s own initiative
This section applies if the council reasonably suspects that the list of persons stated on a pharmacy business licence is incorrect because it includes, or does not include, the name of a person as— a holder of a material interest in the pharmacy business to which the licence relates; or a director of the holder of the licence that is a corporation. The council may decide, by giving each holder of the pharmacy business licence an information notice for the decision, to correct the list of persons stated on the licence by adding to, or removing from, the list the name of a person. If the council decides to add to, or remove from, a list of persons stated on a pharmacy business licence the name of a person under this section, the council must give each holder of the licence— a notice stating the decision; and a replacement copy of the licence incorporating the addition or removal of the person’s name. (sec.57-ssec.1) This section applies if the council reasonably suspects that the list of persons stated on a pharmacy business licence is incorrect because it includes, or does not include, the name of a person as— a holder of a material interest in the pharmacy business to which the licence relates; or a director of the holder of the licence that is a corporation. (sec.57-ssec.2) The council may decide, by giving each holder of the pharmacy business licence an information notice for the decision, to correct the list of persons stated on the licence by adding to, or removing from, the list the name of a person. (sec.57-ssec.3) If the council decides to add to, or remove from, a list of persons stated on a pharmacy business licence the name of a person under this section, the council must give each holder of the licence— a notice stating the decision; and a replacement copy of the licence incorporating the addition or removal of the person’s name.
- (a) a holder of a material interest in the pharmacy business to which the licence relates; or
- (b) a director of the holder of the licence that is a corporation.
- (a) a notice stating the decision; and
- (b) a replacement copy of the licence incorporating the addition or removal of the person’s name.