My pharmacy is currently undergoing renewal, but I am selling the pharmacy. Should I complete the renewal process or submit a change application? Are the renewal fees refundable?

To maintain a pharmacy licence, either the new Direct Owner must complete the Change of Direct Owner application and its requirements before the existing pharmacy licence expires, OR the current Direct Owner must renew the pharmacy licence before it expires. If the Change of Direct Owner application will not be completed before the pharmacy licence expires, the current Direct Owner should renew the pharmacy licence first. The new Direct Owner can submit the Change of Direct Owner application when the sale is confirmed. If the Change of Direct Owner application is not completed and the current Direct Owner did not renew the pharmacy licence before it expires, the pharmacy must remain closed. The new Direct Owner will then have to apply for a New Pharmacy Licence by following the New Pharmacy Licence process outlined in the Pharmacy Licensure Guide. All licensing fees are non-refundable.

Note: If the current Direct Owner will not be renewing the pharmacy licence, the new Direct Owner must inform the College of the Change of Direct Owner by submitting the Change of Direct Owner application before the pharmacy renewal deadline, i.e., 30 days before the licence expires. If all requirements for the pharmacy renewal application are not submitted before the deadline, and the College has not been informed of the Change of Direct Owner via an application, then the renewal is considered late and will be referred to the Application Committee for review and an administrative fee may be applied. 

For further information regarding a Change of Direct Owner application, refer to the College website, or the Pharmacy Licensure Guide.