Pharmacy Business Ownership Regulation 2025

This regulation may be cited as the Pharmacy Business Ownership Regulation 2025.

This regulation commences on 1 November 2025.

For section 11(1)(b) of the Act, the standards for premises stated in schedule 1 are prescribed.

The fees payable under the Act are stated in schedule 2.

In this schedule—

dispensary means an area dedicated to storing and dispensing medicines.

In this schedule—

tier 1 application means—

an application by 1 person, if the person’s ownership of the pharmacy business to which the application relates—

does not involve ownership as trustee of a trust; or

involves ownership as trustee of only 1 trust; or

an application made jointly by 2 persons, if—

not more than 1 of the persons is a corporation; and

the persons’ joint ownership of the pharmacy business to which the application relates—

does not involve ownership as trustee of a trust; or

involves ownership as trustee of only 1 trust.

tier 2 application means—

an application by 1 person, if the person’s ownership of the pharmacy business to which the application relates involves ownership as trustee of only 2 trusts; or

an application made jointly by 2 persons, if—

it is not a tier 1 application; and

the persons’ joint ownership of the pharmacy business to which the application relates—

does not involve ownership as trustee of a trust; or

involves ownership as trustee of only 1 or 2 trusts; or

an application made jointly by 3, 4 or 5 persons, if—

not more than 2 of the persons are corporations; and

the persons’ joint ownership of the pharmacy business to which the application relates—

does not involve ownership as trustee of a trust; or

involves ownership as trustee of only 1 or 2 trusts.

tier 3 application means an application other than a tier 1 application or tier 2 application.