1995 No. 38 MIGRATION REGULATIONS (AMENDMENT) - REG 27
27. Schedule 2, Part 129 (State/Territory Sponsored Business Owner)
1995 No. 38 MIGRATION REGULATIONS (AMENDMENT) - REG 27
27. Schedule 2, Part 129 (State/Territory Sponsored Business Owner)
27.1 Subparagraph 129.222 (2) (b) (i):
After "Part 3", insert "or Part 5".
27.2 Paragraph 129.222 (2) (c): Omit the paragraph, substitute:
"(c) in determining the score of an applicant under Part 4 of Schedule 7,
only:
(i) assets in Australia; or
(ii) assets available for transfer, and capable of being
transferred, to Australia within 2 years of grant of a business
skills visa to the applicant; are to be taken into account.".
27.3 Clause 129.227: Omit the clause, substitute:
"129.227 (1) The applicant has been sponsored (on approved form 949) by an
appropriate regional authority.
(2) The sponsorship must:
(a) be given by the authority that gave the notification referred to in
subclause 129.215 (2); and
(b) be signed by an officer of the authority who is authorised to sign a
sponsorship of that kind; and
(c) bear the seal of the authority; and
(d) be given to the Minister within 90 days after the Minister asks for
it; and
(e) be the first sponsorship of that kind given by the applicant to the
Minister.".