Insights

Clipping the wings of phoenix activity: New requirements for resigning directors

New laws came into effect on 18 February 2021, under the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 which provide that a company director will not be able to back date his or her resignation more than 28 days. A director will also not be able to resign as a director of a company […]

The value of a pharmacy partnership or shareholder agreement

Many pharmacists go into business with trusted friends or colleagues, and with a strong common vision for their business. In many cases, the pharmacy will run smoothly and the owners will simply agree on the many decisions that need to be made in the day to day running of the business. Despite this, we always […]

Pharmacy relocation – tips for navigating the critical steps

The need to relocate an existing pharmacy can arise for a variety of reasons. Meridian has recently advised pharmacies moving within the same shopping centre (for example, to take advantage of a larger sized shop), and a pharmacy in a medical centre moving to a new location along with the medical practice. While moving from […]

Safe Sleep and Rest Policies

Education and care providers will be aware that they are under a duty to adequately supervise children both when they are awake, and when they are asleep. Providers are also under duty to take every reasonable precaution to protect children from harm and hazard, and to ensure that their policies are being followed. The content […]

Professional Services in New South Wales – approval is required

Professional services rooms are defined in Schedule 5F of the Health Practitioner Regulation National Law (NSW) (National Law) as “premises in or on which a person carries on a pharmacy business that involves only – the preparation and packaging of drugs, or the packaging of drugs, by or under the personal supervision of a pharmacist, […]

Family Day Care – Compliance and Policies and Procedures

Approved providers of family day care services will be aware that their State Regulatory Authority is responsible for regulating early childhood education and care services and for enforcing compliance with the Education and Care Services National Law (National Law) and the Education and Care Services National Regulations (National Regulations) applicable in each State. It is […]

Applications for new PBS Approvals or relocations of existing PBS approvals

Pharmacists wishing to lodge applications for Australian Community Pharmacy Authority (ACPA) approval for the establishment of a new PBS approved pharmacy or relocation of a PBS approval under the Pharmacy Location Rules are now required to submit the application by uploading the application form and supporting documents through the Health Data Portal. Applicants were previously […]

Child Care Subsidy Law– An introduction to the new Minister’s Rules and Secretary’s Rules 2017

2 July 2018 saw a huge change in the practical and legal governance of child care benefits across Australia with the introduction of the new Child Care Subsidy (CCS) and removal of Child Care Benefit and Child Care Rebate. CCS continues to be regulated by the A New Tax System (Family Assistance) Act 1999 and […]

What to consider when you buy a Fitness Franchise

Franchise systems are prevalent in the Fitness Industry. Buying a franchise has a number of advantages, such as the association with an established and reputable brand or service, assistance with setting up elements of the franchise, initial management training and ongoing support via established policies and procedures, and access to existing business systems. These advantages […]

Recent trends in buying and selling pharmacies

Meridian Lawyers acts for pharmacists in the sale and purchase of their pharmacy businesses.  Issues which arise in these transactions commonly include: the negotiation of the contract for sale of the business in order that the written contract reflects the wishes of the parties the obtaining of necessary approvals and consents (such as Pharmacy Council […]

Pharmacy Franchise Law – tips for franchisees

Many pharmacy business owners are interested in becoming franchisees in order for them to trade with the benefit of national brand recognition, marketing power and tried and tested operating systems. However, it is crucial that pharmacists understand the content, substance and implications of the franchise documentation before they sign or make any non-refundable payment to […]

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