According to the Pharmacy and Drug Act, proprietors own, manage, or direct the operation of the facility in which a licensed pharmacy is located and exercise a significant degree of control over the management and policies of the licensed pharmacy and the conduct of regulated members employed by the licensed pharmacy. The proprietor’s representative is the individual who is either the owner or the designated representative of the owner(s) who fulfils the responsibilities and obligations of a proprietor in accordance with the Pharmacy and Drug Act. Applicants to be a proprietor’s representative do not have to be a pharmacist but must submit an Enhanced Police Information Check and complete the Proprietor’s Self-Assessment or Part B of the Licensee Education Program (LEP). If the proprietor’s representative is a regulated member with ACP, they must be in good standing (i.e., no outstanding complaints or conditions or restrictions on their practice permit).
When there is a sale of pharmacy assets to a new person or entity, or a sale or reorganization of the corporation or major shareholders (20 per cent or more voting shares) who own the pharmacy, this is considered a proprietorship change. Changes to the owner(s), major shareholders (20 per cent or more voting shares), or proprietor’s representative of the pharmacy require advanced notice and approval from ACP. If requesting a change, the licensee or proprietor’s representative should submit a completed application as indicated below at least 45 days prior to the intended change.
To apply for a proprietorship change, the licensee or proprietor’s representative must follow these steps regarding the new proprietor:
If there are changes to the owner(s) or major shareholders (20 per cent or more voting shares), the following supporting documentation is also required: