In 2008 the Council of Australian Governments signed an Intergovernmental Agreement (IGA) requiring the states, territories and the Commonwealth to establish a single national registration and accreditation scheme (the national scheme) for health professionals, including pharmacists.
However, the national scheme, which commenced on 1 July 2010, does not address pharmacy ownership rules. These rules continue to be the responsibility of individual states and territories.
Answers to questions such as:
- What constitutes an interest in or ownership of a pharmacy business?
- Can non pharmacists have an interest in a pharmacy business?
- How many pharmacy businesses can an entity have an interest in or own?
are found in each state and territory’s pharmacy ownership legislation and there are variances from state to state. This is where the potential for misinterpretation and costly mistakes becomes a very real issue for pharmacy owners or would-be owners.
 Pharmacy Business Ownership Act 2001 (QLD); Health Practitioner Regulation National Law (NSW) No 86a; Health Professions Registration Act 2005 (VIC); Health Act 1993 (ACT); Health Practitioner Regulation National Law(South Australia) Act 2010 (SA); Pharmacy Act 2010 (WA); Pharmacists Registration Act 2001 (TAS) Health Practitioners Act 2007 (NT)