65Limitation on number of pharmacies in which person may have interest

65 Limitation on number of pharmacies in which person may have interest

[Section 65 Amended by No. 72 of 2004, s. 5, Applied:17 Dec 2004] [Section 65 Substituted by No. 62 of 2005, s. 20, Applied:15 Dec 2005]

(1)  [Section 65 Subsection (1) amended by No. 22 of 2016, s. 17, Applied:01 Jan 2017] [Section 65 Subsection (1) amended by No. 47 of 2010, s. 22, Applied:01 Feb 2011] [Section 65 Subsection (1) amended by No. 47 of 2010, s. 22, Applied:01 Feb 2011] A person, including a body corporate, must not, at any one time, either alone or in partnership with another person or as a member of a body corporate or as a trustee, beneficiary or unit holder of a trust, hold an interest in more than 4 pharmacy businesses.

Penalty:  Fine not exceeding 100 penalty units and, in the case of a continuing offence, a further fine not exceeding 10 penalty units for each day during which the offence continues.

(2)  In this section –

[Section 65 Subsection (2) amended by No. 22 of 2016, s. 17, Applied:01 Jan 2017] pharmacy business means a pharmacy business that is carried on in or from the one premises;

[Section 65 Subsection (2) amended by No. 22 of 2016, s. 17, Applied:01 Jan 2017] premises does not include individual premises that are the subject of an exemption under section 71J that has been granted for a period not exceeding 3 months.