TASIn ForceAct
Pharmacy Control Act 2001
62Offence for certain persons to hold interest in pharmacy business &c.
Start here
Get a plain-English read of 62
Turn the raw legal text into a practical explanation grounded in Pharmacy Control Act 2001.
### 62 Offence for certain persons to hold interest in pharmacy business &c.
> [*\[Section 62 Subsection (1) amended by No. 62 of 2005, s. 19, Applied:15 Dec 2005\]*](/view/html/inforce/2005-12-15/act-2005-062#GS19@Hpa@EN) [*\[Section 62 Subsection (2) amended by No. 62 of 2005, s. 19, Applied:15 Dec 2005\]*](/view/html/inforce/2005-12-15/act-2005-062#GS19@Hpb@EN) [*\[Section 62 Subsection (2) amended by No. 72 of 2004, s. 4, Applied:17 Dec 2004\]*](/view/html/inforce/2004-12-17/act-2004-072#GS4@Hpa@EN) [*\[Section 62 Subsection (2) amended by No. 62 of 2005, s. 19, Applied:15 Dec 2005\]*](/view/html/inforce/2005-12-15/act-2005-062#GS19@Hpc@EN) [*\[Section 62 Subsection (2A) inserted by No. 72 of 2004, s. 4, Applied:17 Dec 2004\]*](/view/html/inforce/2004-12-17/act-2004-072#GS4@Hpb@EN) [*\[Section 62 Subsection (3) amended by No. 62 of 2005, s. 19, Applied:15 Dec 2005\]*](/view/html/inforce/2005-12-15/act-2005-062#GS19@Hpd@EN) [*\[Section 62 Subsection (3) amended by No. 72 of 2004, s. 4, Applied:17 Dec 2004\]*](/view/html/inforce/2004-12-17/act-2004-072#GS4@Hpc@EN) [*\[Section 62 Subsection (3) amended by No. 62 of 2005, s. 19, Applied:15 Dec 2005\]*](/view/html/inforce/2005-12-15/act-2005-062#GS19@Hpe@EN) [*\[Section 62 Subsection (3) amended by No. 72 of 2004, s. 4, Applied:17 Dec 2004\]*](/view/html/inforce/2004-12-17/act-2004-072#GS4@Hpd@EN) [*\[Section 62 Subsection (3) amended by No. 62 of 2005, s. 19, Applied:15 Dec 2005\]*](/view/html/inforce/2005-12-15/act-2005-062#GS19@Hpf@EN) [*\[Section 62 Subsection (3) amended by No. 62 of 2005, s. 19, Applied:15 Dec 2005\]*](/view/html/inforce/2005-12-15/act-2005-062#GS19@Hpg@EN) [*\[Section 62 Substituted by No. 47 of 2010, s. 20, Applied:01 Feb 2011\]*](/view/html/inforce/2011-02-01/act-2010-047#GS20@EN)
>
> > (1) [*\[Section 62 Subsection (1) amended by No. 22 of 2016, s. 16, Applied:01 Jan 2017\]*](/view/html/inforce/2017-01-01/act-2016-022#GS16@Hpa@EN) A person must not hold an interest in a pharmacy business unless –
> >
> > > > (a) the person holds an eligibility certificate; or
> > >
> > > > (b) [*\[Section 62 Subsection (1) amended by No. 22 of 2016, s. 16, Applied:01 Jan 2017\]*](/view/html/inforce/2017-01-01/act-2016-022#GS16@Hpb@EN) the person is an exempt person.
> >
> > Penalty: Fine not exceeding 200 penalty units and, in the case of a continuing offence, a further fine not exceeding 20 penalty units for each day during which the offence continues.
>
> > (2) A person who holds an eligibility certificate must not hold an interest in a pharmacy business if the person knows or ought to know that the facts relied upon in support of the application for an eligibility certificate have changed and the person has not, within 14 days since the change, applied for a new eligibility certificate.
> >
> > Penalty: Fine not exceeding 200 penalty units and, in the case of a continuing offence, a further fine not exceeding 20 penalty units for each day during which the offence continues.