sec.69Surrender

sec.69 Surrender

The holder of a pharmacy business licence may surrender the licence by notice to the council at any time. Despite section 14 (4) , if a pharmacy business licence is held jointly by 2 or more persons, a notice under subsection (1) must be given jointly by each of the persons. If a pharmacy business licence is held by only 1 person, the person must, unless the person has a reasonable excuse, surrender the licence by notice to the council within 14 days after the person— stops being an eligible person; or disposes of the person’s interest as owner of the pharmacy business to which the licence relates. Maximum penalty—50 penalty units. A surrender of a pharmacy business licence under this section takes effect on the day the notice surrendering the licence is given to the council. s 69 amd 2025 No. 21 s 16 (sec.69-ssec.1) The holder of a pharmacy business licence may surrender the licence by notice to the council at any time. (sec.69-ssec.2) Despite section 14 (4) , if a pharmacy business licence is held jointly by 2 or more persons, a notice under subsection (1) must be given jointly by each of the persons. (sec.69-ssec.3) If a pharmacy business licence is held by only 1 person, the person must, unless the person has a reasonable excuse, surrender the licence by notice to the council within 14 days after the person— stops being an eligible person; or disposes of the person’s interest as owner of the pharmacy business to which the licence relates. Maximum penalty—50 penalty units. (sec.69-ssec.4) A surrender of a pharmacy business licence under this section takes effect on the day the notice surrendering the licence is given to the council.

• (a) stops being an eligible person; or
• (b) disposes of the person’s interest as owner of the pharmacy business to which the licence relates.