in division 5.6, insert
62 Ownership of pharmacy business
(1) A person must not own a pharmacy business unless the person is—
(a) a pharmacist; or
(b) a complying pharmacy corporation.
Maximum penalty: 10 penalty units.
(2) In this section:
"community pharmacy"—see the Medicines, Poisons and Therapeutic Goods Act 2008 , dictionary.
"complying pharmacy corporation"—see the Health Act 1993 , section 128A (Complying pharmacy corporation).
"medicine"—see the Medicines, Poisons and Therapeutic Goods Act 2008 , section 11.
"own", for a pharmacy business—
(a) includes having a legal or beneficial interest in the pharmacy business; but
(b) does not include having an interest in the pharmacy business only because of being the public trustee or the personal legal representative of a deceased pharmacist.
"pharmacy business" means a business providing pharmacy services at a community pharmacy.
"pharmacy services" includes—
(a) the supply, compounding or dispensing of a medicine; and
(b) advice and counselling on the effective use of a medicine.