Search Results for: mark fitzgerald

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 […]

Changes to ACNC Governance Standards

The Australian Charities and Not-for-profits Commission (ACNC) Governance Standards require registered charities to remain charitable, operate lawfully, and be run in an accountable and responsible way. For registered charities, complying with the Governance Standards not only ensures charity registration with the ACNC, but also continued Commonwealth charity tax concessions. In recent months, two major changes […]

Major Insolvency Law Reform Enacted

Small to medium businesses can now restructure their way out of financial distress without having to ‘throw the baby out with the bathwater’. On 1 January 2021 the Corporations Amendment (Corporation Insolvency Reforms) Act 2020 (Cth) was passed, resulting in Australia’s most major insolvency law reform of the past 30 years. Restructuring Process The main […]

Reinstatement of thresholds and other FIRB changes

Major changes to Australia’s foreign investment regime came into effect on 1 January 2021, through two pieces of legislation: the Foreign Investment Reform (Protecting Australia’s National Security) Act 2020 (Cth) which amends the Foreign Acquisitions and Takeovers Act 1975 (Cth) (the Act); and the Foreign Investment Reform (Protecting Australia’s National Security) Regulations 2020 (Cth) which […]

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 […]

Meridian recognised in Best Lawyers 2021 Edition

Meridian Lawyers is delighted to congratulate our lawyers who have been recognised in The Australian Financial Review’s Best Lawyers List, 2021 edition. Nationally, Meridian set a new benchmark with 19 of its Principals and Special Counsel acknowledged as Best Lawyers. Special congratulations goes to Robert Minc who was named Lawyer of the Year in the category of Personal […]

National Code of Conduct for SME Commercial Leases during COVID-19

On Tuesday 7 April 2020, the National Cabinet agreed upon a mandatory rent relief code of conduct for commercial leases (the Code) to be legislated by state and territory governments. The Code provides a framework for landlords and tenants to negotiate individual arrangements based on the effects of the COVID-19 pandemic. The Code will have […]

Bushfire Emergency Declaration

The Privacy (Australian Bushfires Disaster) Emergency Declaration (No 1) 2020 came into force on 20 January 2020 in response to bushfires in Australia resulting in death, injury and property damage occurring from August 2019 into 2020. The Emergency Declaration will expire on 20 January 2021. The Emergency Declaration was made under Part VIA of Privacy […]

Electronic Prescriptions

Amendments to the National Health (Pharmaceutical Benefits) Regulations 2017, published on 30 October 2019 provide for electronic prescriptions to be recognised as valid prescriptions. Electronic prescribing provides an option for prescribers and their patients to have an electronic prescription as an alternative to a paper-based prescription. The legislation includes additional form requirements for electronic PBS […]

Directors’ Duties

Do you own a pharmacy through a corporate entity such as a proprietary company? Are there shareholders who hold a minority interest? As a majority shareholder and director, you need to be aware of your duties to the company in the conduct of your business. Pharmacy businesses are often owned by individuals and partnerships, but […]

Be Data Smart

Pharmacy data is a valuable resource and pharmacy owners are increasingly being asked to permit third parties to access their pharmacy computer systems for a range of purposes. Pharmacy owners need to be extremely cautious about permitting third parties to access their pharmacy computer systems and before doing so should ensure that they question and […]

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