MIGRATION (VISA APPLICATION) CHARGE AMENDMENT ACT 2003 NO. 6, 2003 - SCHEDULE 1 - Migration (Visa Application) Charge Act 1997

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MIGRATION (VISA APPLICATION) CHARGE AMENDMENT ACT 2003 NO. 6, 2003 - SCHEDULE 1

- Migration (Visa Application) Charge Act 1997

1 After section 3

Insert:

3A Definitions

In this Act, unless the contrary intention appears:

"contributory parent visa" means a permanent or temporary visa included in a class of visas under regulations made under the Migration Act 1958 , being a class that has the words "contributory parent" or "contributory aged parent" in its title.

"Contributory Parent Visa Composite Index" means the Contributory Parent Visa Composite Index, expressed as a percentage, published by the Australian Government Actuary for a financial year.

2 At the end of subsection 5(1)

Add ", unless the visa application is for a contributory parent visa".

Note: The heading to section 5 is altered by adding "—most visas" at the end.

3 At the end of the Act

Add:

6 The visa application charge limit—contributory parent visas

Financial year beginning 1 July 2002

(1): The charge limit in relation to a visa application for a contributory parent visa made during the financial year beginning on 1 July 2002 is $26,745.

Later financial years

(2): The charge limit for a later financial year is the amount worked out under subsection (3) or (5), depending on the amount of the Contributory Parent Visa Composite Index for the later financial year.

Contributory Parent Visa Composite Index more than zero

(3): If the Contributory Parent Visa Composite Index for the later financial year is more than zero, the charge limit for that financial year is the amount worked out using the following formula, then rounded under subsection (4):

where:

"previous charge limit" means the charge limit for the financial year before the later financial year.

(4): If an amount worked out under the formula in subsection (3) is not a multiple of $5, the amount is to be rounded as follows:

(a) if the amount exceeds the nearest lower multiple of $5 by $2.50 or more—round the amount up to the nearest higher multiple of $5;
(b) in any other case—round the amount down to the nearest lower multiple of $5.

Contributory Parent Visa Composite Index zero or less

(5): If the Contributory Parent Visa Composite Index for the later financial year is zero or less, the charge limit for the later financial year is the same as the charge limit for the financial year before the later financial year.

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