Commonwealth Consolidated Regulations

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MIGRATION AMENDMENT REGULATIONS 2009 (NO. 5) - REG 2.87A

Obligation to make same or equivalent position available to Australian exchange participants

         (1)   This regulation applies to a person who is or was an exchange sponsor.

         (2)   Immediately after the completion of the exchange mentioned in subregulation 2.72B (4), the person must make available to the Australian citizen or Australian permanent resident named in the exchange agreement under that subregulation (the Australian participant ) the same position as, or a position equivalent to, the position held by the Australian participant in Australia at the time the exchange agreement was entered into.

         (3)   The obligation mentioned in subregulation (2):

                (a)    starts to apply on the day on which the Minister approved the nomination made by the exchange sponsor in relation to the exchange; and

               (b)    ends 30 days after completion of the exchange.



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