Criteria for grant
40 Criteria for grant
The council may grant an application under section 38 only if satisfied—
the incoming party—
is an eligible person; and
is a fit and proper person to own a pharmacy business; and
does not already hold an interest in the maximum number of pharmacy businesses permitted under section 17 for the incoming party; and
any other person who would hold a material interest in the pharmacy business to which the application relates because of the application being granted—
is permitted, under section 16, to hold a material interest in the business; and
does not already hold an interest in the maximum number of pharmacy businesses permitted under section 17 for the person.
This Act’s bill:Explanatory memorandumSecond reading speech
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