If you held a financial interest in a NSW pharmacy business at any time between 1 May 2018 and 30 April 2019, you must complete an annual declaration of financial interest whether or not you sold your pharmacy or disposed of your interest during that period.

Declarations can now be completed online

Annual declarations can now be completed online. Annual declaration notices will no longer be sent by post.
Declarations must be completed by 30 June 2019.

Instructions for using the online facility.

Shortly an email will be sent to all financial interest holders providing instructions for using the new online facility. Instructions are also provided below. 

• Financial interest holders must register to use the online facility. You will need your AHPRA registration number and email address to register.
• You will be asked to create a password.
• Enter your password at the login page to start the declaration process.
• Information you provide will be matched against information held in the Register of Pharmacies. You will be notified if there is a mismatch.
• Once you have completed your declaration you will be asked to declare the information is true and complete. By confirming ‘I agree’, your declaration will be submitted.

You can visit https://declare.pharmacycouncil.nsw.gov.au at any time before the due date to register or to login and complete your declaration.
If you are unsure as to how you hold your financial interest, you can search the Register of Pharmacies here.

What is a financial interest?

You hold a financial interest in a NSW pharmacy business if you have a direct or indirect monetary interest in that business. Holders of a financial interest include pharmacist proprietors, pharmacists who are partners in a pharmacists’ partnership that owns a pharmacy, pharmacists who are shareholders or directors in a pharmacists’ body corporate that owns a pharmacy, and beneficiaries of a trust that operates in respect of a pharmacists’ body corporate that owns a pharmacy.

There is no fee payable.

There is currently no fee attached to the Annual Declaration of Financial Interest process. The annual declaration process is separate to the pharmacy premises registration renewal process. Renewal of pharmacy premises registration is on payment of the annual renewal fee.  Notices for renewal of pharmacy premises registration for 2019 will be posted to each pharmacy shortly.