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Pharmacy Agreement (Ireland)

Pharmacy Agreement (Ireland)

PHARMACY AGREEMENT

([Agreement Type])

Dated: [Agreement Date]

PARTIES

This Pharmacy Agreement is entered into on [Agreement Date] between:

(1) [Owner Name], of [Owner Address], PSI Registration No. [Owner PSI Number], CRO No. [Owner CRO Number] (the "Owner"); and

(2) [Counterparty Name], of [Counterparty Address], PSI Registration No. [Counterparty PSI Number] (the "Other Party").

Together referred to as the "Parties".

RECITALS

A. The Owner operates a retail pharmacy business registered with the Pharmaceutical Society of Ireland (PSI) under Part 4 of the Pharmacy Act 2007 at the premises located at [Premises Address], PSI Premises Registration No. [Premises PSI Registration].

B. The Parties wish to enter into this [Agreement Type] on the terms and conditions set out herein.

1. DEFINITIONS AND INTERPRETATION

1.1 In this Agreement:

"Pharmacy Act" means the Pharmacy Act 2007 (as amended).

"PSI" means the Pharmaceutical Society of Ireland, established under the Pharmacy Act 2007.

"Retail Pharmacy Business" has the meaning given in section 2 of the Pharmacy Act 2007.

"Superintendent Pharmacist" means the pharmacist responsible for the management of the pharmacy business under section 28 of the Pharmacy Act 2007.

"Effective Date" means [Commencement Date].

"Agreement Value" means [Agreement Value].

2. SCOPE OF AGREEMENT

2.1 This Agreement governs the [Agreement Type] in respect of the pharmacy premises at [Premises Address].

2.2 The Parties acknowledge that any transfer of ownership or control of a retail pharmacy business requires prior notification to and approval by the PSI in accordance with sections 17 and 18 of the Pharmacy Act 2007.

2.3 The Parties agree that at all times during the operation of the pharmacy premises, a Superintendent Pharmacist shall be appointed and registered with the PSI, as required under section 28 of the Pharmacy Act 2007.

3. COMMERCIAL TERMS

3.1 In consideration of the obligations set out in this Agreement, the consideration payable shall be [Agreement Value].

3.2 This Agreement shall commence on [Commencement Date] and shall continue until [Termination Date], unless earlier terminated in accordance with Clause 7.

3.3 Either Party may terminate this Agreement by giving not less than [Notice Period] written notice to the other Party.

4. REGULATORY OBLIGATIONS

4.1 The Parties shall at all times comply with:

(a) The Pharmacy Act 2007 and all regulations made thereunder;

(b) The Medicinal Products (Prescription and Control of Supply) Regulations 2003 (S.I. No. 540 of 2003) as amended;

(c) The Misuse of Drugs Acts 1977 to 2016 and associated regulations;

(d) The Health (Pricing and Supply of Medical Goods) Act 2013;

(e) All PSI Code of Conduct requirements, Standards of Practice, and guidance documents;

(f) Health Service Executive (HSE) Community Pharmacy Contractor Agreements (where applicable).

4.2 Each Party shall maintain valid registration with the PSI throughout the term of this Agreement and shall promptly notify the other Party of any regulatory investigation, enforcement action, or change in registration status.

5. TERMINATION

5.1 Either Party may terminate this Agreement forthwith by written notice if the other Party:

(a) commits a material breach of this Agreement and, if the breach is capable of remedy, fails to remedy it within 14 days of written notice requiring it to do so;

(b) has its PSI registration suspended, cancelled, or made subject to conditions that prevent the lawful operation of the pharmacy business;

(c) becomes insolvent, enters examinership, receivership, or liquidation.

6. GOVERNING LAW AND DISPUTE RESOLUTION

6.1 This Agreement shall be governed by and construed in accordance with the laws of Ireland.

6.2 Any dispute arising out of or in connection with this Agreement shall be resolved by [Dispute Resolution].

7. GENERAL

7.1 This Agreement constitutes the entire agreement between the Parties with respect to its subject matter and supersedes all prior agreements, representations, and understandings.

7.2 No variation of this Agreement shall be effective unless made in writing and signed by both Parties.

7.3 If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

IN WITNESS WHEREOF the Parties have executed this Agreement as of the date first written above.

Owner / Operator

________________

Signature

Other Party

________________

Signature

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What Is a Pharmacy Agreement (Ireland)?

A Pharmacy Agreement in Ireland sets the services to be provided, the fees, the timetable, and each side's responsibilities for the engagement, and is shaped by the Pharmacy Act 2007.

The Pharmacy Act 2007 fundamentally reformed pharmacy regulation in Ireland. It dissolved the old Pharmaceutical Society of Ireland and established a new PSI with a clear mandate to protect public health. The Act introduced a mandatory registration system for both pharmacists and retail pharmacy businesses, and for the first time imposed formal standards for pharmacy premises, superintendent pharmacists, and the supervision of pharmacy practice. Every retail pharmacy business operating in Ireland must be registered in the Register of Retail Pharmacy Businesses maintained by the PSI, and must have a registered superintendent pharmacist responsible for the professional supervision of the business.

A pharmacy business sale agreement records the terms on which the entire pharmacy business — including its goodwill, stock, equipment, patient medication records, and any associated property — is transferred from the vendor to the purchaser. Because pharmacy ownership in Ireland is subject to strict regulatory controls, a pharmacy sale involves additional steps beyond those required for an ordinary business sale, including PSI notification of the change of superintendent pharmacist and change of ownership, HSE notification regarding Community Drug Scheme contracts, and HPRA notification regarding controlled drugs.

A pharmacy services agreement is a contract between a pharmacy operator and a healthcare provider, health insurer, or other party for the provision of specified pharmacy services — for example, medication review services, vaccination programmes, supervised consumption services, or needle exchange services. These agreements must comply with the professional standards set by the PSI, the GDPR and the Data Protection Acts 1988 to 2018 in respect of patient health data, and any relevant HSE service level agreements.

A locum pharmacist agreement governs the engagement of a registered pharmacist to provide temporary professional services at a pharmacy premises, specifying the dates, hours, remuneration, and regulatory responsibilities of the locum. All parties to any pharmacy agreement should seek independent legal and regulatory advice before entering into any such arrangement.

The legal framework governing the Pharmacy Agreement (Ireland) in Ireland draws on several key statutes and regulatory bodies. Under the Companies Act 2014, the Companies Registration Office (CRO) maintains the register of Irish companies. Section 343 of the Companies Act 2014 sets annual confirmation obligations. The Competition and Consumer Protection Commission (CCPC) enforces the Consumer Rights Act 2022. The Central Bank of Ireland regulates financial services under the Central Bank Act 1971. The High Court of Ireland has jurisdiction under Section 212 of the Companies Act 2014. Parties executing a Pharmacy Agreement (Ireland) in Ireland should confirm the document reflects current Irish law, including any amendments enacted since the original drafting date. The Companies Act 2014 sets the foundational requirements, while secondary legislation and statutory instruments may impose additional obligations depending on the specific circumstances of the transaction.

When Do You Need a Pharmacy Agreement (Ireland)?

A pharmacy agreement in Ireland is needed in several distinct circumstances, each with its own regulatory and legal dimensions.

A pharmacy business sale agreement is needed when the owner of a registered retail pharmacy business wishes to sell the entire business — including the goodwill, stock, equipment, and patient records — to a new owner. This is one of the most common transactions in the Irish community pharmacy sector, driven by retirement, consolidation, or the entry of pharmacy groups into new geographic markets. The sale agreement must address not only the commercial terms but also the regulatory steps required to transfer the PSI registration, the HSE Community Drug Scheme contracts, and the controlled drugs inventory.

A pharmacy asset purchase agreement is needed where only specific assets of the pharmacy (rather than the entire business) are being acquired — for example, the purchase of pharmacy stock and equipment from a closing pharmacy, or the acquisition of the goodwill of a pharmacy without taking over its existing liabilities. Asset purchases require careful attention to the identification and transfer of specific assets, and to the allocation of purchase price between different asset categories for tax purposes.

A locum pharmacist agreement is needed whenever a pharmacy owner or superintendent pharmacist engages a locum pharmacist to provide professional services during the absence of the regular pharmacist. Locum arrangements are common in community pharmacy in Ireland, and a written agreement is strongly advisable to record the terms of the engagement, the regulatory responsibilities of the locum, and the payment arrangements. The PSI Code of Conduct and PSI Guidance on Locum Pharmacists are relevant to all locum arrangements.

A pharmacy services agreement is needed when a pharmacy undertakes to provide enhanced or commissioned services to a healthcare commissioner — for example, where a pharmacy participates in an HSE-funded service such as the Smoking Cessation Programme, the Supervised Methadone Dispensing Scheme, or the Community Vaccination Programme. Such agreements govern the terms of service delivery, quality standards, data reporting, and payment.

What to Include in Your Pharmacy Agreement (Ireland)

A thorough Irish pharmacy agreement should include the following essential provisions, tailored to the specific type of pharmacy arrangement.

For a pharmacy business sale agreement: identification of the parties (vendor and purchaser), with company registration numbers where applicable; a description of the pharmacy business being sold, including the registered premises address, PSI registration number, and the name of the current superintendent pharmacist; a schedule of assets included in the sale (goodwill, stock at valuation, fixtures and fittings, dispensing equipment, patient medication records); the purchase price and payment terms, including the mechanism for valuing stock at the completion date; conditions precedent, including PSI approval of the new superintendent pharmacist and the new ownership registration; the completion date and process; warranties and indemnities from the vendor regarding the condition of the business, the accuracy of financial records, and the absence of any undisclosed liabilities; and the vendor's obligations during any transitional period following completion.

Regulatory obligations: notification to the PSI of the change of ownership and change of superintendent pharmacist; engagement with the HSE Primary Care Reimbursement Service (PCRS) regarding Community Drug Scheme contracts; notification to the HPRA regarding controlled drugs; and any required notifications to the Revenue Commissioners.

Data protection provisions: confirming compliance with the GDPR (Regulation (EU) 2016/679) and the Data Protection Acts 1988 to 2018 in respect of the transfer of patient medication records; patient notification obligations; and data security requirements for the ongoing protection of sensitive health data.

For a locum pharmacist agreement: the locum's PSI registration number and practising certificate number; the specific dates and hours of the engagement; the remuneration and whether the locum is engaged as an employee or self-employed contractor; responsibility for professional indemnity insurance; and the locum's specific responsibilities under the Pharmacy Act 2007.

Governing law: confirmation that the agreement is governed by Irish law and subject to the jurisdiction of the Irish courts. The forms-legal.com Pharmacy Agreement (Ireland) template covers the mandatory elements under Companies Act 2014.

Additional compliance elements for a Pharmacy Agreement (Ireland) used in Ireland include: Data Protection — the Data Protection Act 2018 and GDPR Article 6 require a lawful basis for processing personal data; Governing Law — specify Irish law and the jurisdiction of Irish courts; Dispute Resolution — parties may refer disputes to the Workplace Relations Commission (WRC) for employment matters or initiate proceedings in the Circuit Court or High Court of Ireland for civil claims. Under the Companies Act 2014, the Companies Registration Office (CRO) maintains the register of Irish companies. Section 343 of the Companies Act 2014 sets annual confirmation obligations. The Competition and Consumer Protection Commission (CCPC) enforces the Consumer Rights Act 2022. The Central Bank of Ireland regulates financial services under the Central Bank Act 1971. The High Court of Ireland has jurisdiction under Section 212 of the Companies Act 2014. Revenue Commissioners require appropriate tax treatment of payments made under the agreement, including VAT under the Value-Added Tax Consolidation Act 2010 where applicable.

Sources & Citations

Statutory citations link to official government sources.

  1. GDPR Article 6EU – GDPR

Cite this page

Reference this free template in an article, syllabus, or research note:

APA

Forms Legal. (2026). Pharmacy Agreement (Ireland) (Ireland) [Legal document template]. Forms Legal. https://forms-legal.com/ireland/business/services/pharmacy-agreement-ireland

MLA

"Pharmacy Agreement (Ireland) (Ireland)." Forms Legal, 2026, https://forms-legal.com/ireland/business/services/pharmacy-agreement-ireland.

BibTeX
@misc{formslegal-pharmacy-agreement-ireland,
  author       = {{Forms Legal}},
  title        = {Pharmacy Agreement (Ireland) (Ireland)},
  year         = {2026},
  howpublished = {\url{https://forms-legal.com/ireland/business/services/pharmacy-agreement-ireland}},
  note         = {Free legal document template. Based on Companies Act 2014}
}

Frequently Asked Questions

Based on Companies Act 2014 — Template last modified June 2026Verify the source →

This template is provided for informational purposes only and does not constitute legal advice. Laws vary by jurisdiction and change over time. Consult a qualified attorney for advice specific to your situation.Full disclaimer

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