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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.".