(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.