Western Australian Numbered Acts

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PHARMACY ACT 2010 (NO. 32 OF 2010) - SECT 54

54 .         Ownership of, and interests in, pharmacy business

        (1)         A person must not own, or hold a proprietary interest in, a pharmacy business unless the person is —

            (a)         a pharmacist; or

            (b)         a person who is a partner in a partnership that carries on the business and in which every partner is either —

                  (i)         a pharmacist; or

                  (ii)         a close family member of a partner who is a pharmacist;

                or

            (c)         a pharmacist controlled company; or

            (d)         a friendly society; or

            (e)         the preserved company.

        (2)         For the purposes of subsection (1), a person is not to be treated as having a proprietary interest in a pharmacy business owned by a company referred to in subsection (1)(c), (d) or (e) in respect of an interest as a director, officer, trustee, member or shareholder of that company.

        Penalty:

            (a)         for an individual, a fine of $5 000;

            (b)         for a body corporate, a fine of $10 000;

            (c)         for each separate and further offence committed by the person under the Interpretation Act 1984 section 71, a fine of $400.



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