Surrender
69 Surrender
The holder of a pharmacy business licence may surrender the licence by notice to the council at any time.
Despite section 14(4), if a pharmacy business licence is held jointly by 2 or more persons, a notice under subsection (1) must be given jointly by each of the persons.
If a pharmacy business licence is held by only 1 person, the person must, unless the person has a reasonable excuse, surrender the licence by notice to the council within 14 days after the person—
stops being an eligible person; or
disposes of the person’s interest as owner of the pharmacy business to which the licence relates.
Maximum penalty—50 penalty units.
A surrender of a pharmacy business licence under this section takes effect on the day the notice surrendering the licence is given to the council.
This Act’s bill:Explanatory memorandumSecond reading speech
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