Pharmacy Business Ownership Act 2024

This section applies in relation to an existing pharmacy business if the person who owned the business immediately before the commencement is a deemed eligible person.

The person may continue to own and carry on the existing pharmacy business, without holding a pharmacy business licence for the business, until—

the day that is 2 years after the commencement; or

if the person applies for a pharmacy business licence for the business under this Act before the day mentioned in paragraph (a)—the day the application is decided or withdrawn.

However, subsection (3) stops applying to the person if the person stops being a deemed eligible person.

Repealed sections 139C to 139G continue to apply in relation to the existing pharmacy business as if this Act had not been enacted.

For any period a person may continue to own, and carry on, an existing pharmacy business under this section—

sections 15, 16 and 19 do not apply in relation to the person owning, or carrying on, the business; and

repealed sections 139I, 141, 141A and 141B continue to apply in relation to the business as if this Act had not been enacted.