For subsection (3) (wholesale dealer's licence) there shall be substituted the following subsections—

“(3)

No person shall, in the course of a business carried on by him—

(a)

sell, or offer for sale, any medicinal product by way of wholesale dealing, or

(b)

distribute, otherwise than by way of sale, any proprietary medicinal product which has been imported, but was not consigned from a member State,

except in accordance with a licence granted for the purposes of this subsection (in this Act referred to as a “wholesale dealer's licence”).

(4)

In this section—

(a)

“proprietary medicinal product” means a ready-prepared medicinal product placed on the market in the United Kingdom under a special name and in a special pack,

(b)

for the purposes of paragraph (a) “medicinal product” does not include—

(i)

vaccines, toxins or serums,

(ii)

medicinal products based on human blood or blood constituents or radioactive isotopes,

(iii)

homoeopathic medicinal products, or

(iv)

veterinary drugs.”.