Commonwealth Consolidated Regulations(1) This regulation applies to a nomination of an occupation in which a holder of, or an applicant or a proposed applicant for, a Subclass 457 (Business (Long Stay)) visa is identified as the person who will work in the occupation.
(2) An approval of a nomination ceases on the earliest of:
(a) the day on which Immigration receives notification, in writing, of the withdrawal of the nomination by the approved sponsor ; and
(b) 12 months after the day on which the nomination is approved; and
(c) the day on which the applicant, or the proposed applicant, for the nominated occupation, is granted a Subclass 457 (Business (Long Stay)) visa; and
(d) if the approval of the nomination is given to a standard business sponsor -- 3 months after the day on which the person's approval as a standard business sponsor ceases; and
(e) if the approval of the nomination is given to a standard business sponsor, and the person's approval as a standard business sponsor is cancelled under subsection 140M (1) of the Act -- the day on which the person's approval as a standard business sponsor is cancelled; and
(f) if the approval of the nomination is given to a party to a work agreement (other than a Minister) -- the day on which the work agreement ceases.