VICTORIAN pharmacy owners face a 12% increase in licence, registration and application fees from 01 May, following an announcement by the Victorian Pharmacy Authority (VPA).
The authority has also introduced a new $720 fee for applications for a "licence to carry on a pharmacy business - complex", saying the higher levies are necessary to fund additional resources required to administer the Act, "including continuity of the Authority's expanded program of pharmacy business audits," the VPA said.
The new $720 fee will apply when applicants propose to carry on a pharmacy business pursuant to a trust, franchise agreement, licence agreement (including an occupancy licence) or a management or marketing agreement, and will help cover some of the legal fees required to have such agreements assessed for compliance.
The VPA also announced a 26% fee increase for "trust or other commercial arrangement assessments" while arrangements that are deemed non-compliant by Authority officers may be referred to lawyers for preparation of a amendments necessary to ensure compliance, incurring an additional fee of $1,900.
The above article was sent to subscribers in Pharmacy Daily's issue from 26 Apr 19
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