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Migration Regulations 1994 - Specification under paragraphs 2.72(10)(cc) and 2.79(1A)(b) and subregulation 2.72(10AB) - Specification of Income Threshold and Annual Earnings - June 2012

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                                                   Commonwealth of Australia
 
                                                     Migration Regulations 1994
 
SPECIFICATION OF INCOME THRESHOLD AND ANNUAL EARNINGS
(Paragraphs 2.72(10)(cc) and 2.79(1A)(b) and subregulation 2.72(10AB))
 
I, CHRIS BOWEN, Minister for Immigration and Citizenship, acting under paragraphs 2.72(10)(cc) and 2.79(1A)(b) and subregulation 2.72(10AB) of the Migration Regulations 1994 (‘the Regulations’):
 
1.      REVOKE Legislative Instrument IMMI 11/041 signed on 6 June 2011 specifying temporary skilled migration income threshold and annual earnings; AND
 
2.      SPECIFY, for the purposes of paragraph 2.72(10)(cc) of the Regulations, that the temporary skilled migration income threshold is AUD 51,400; AND
 
3.      SPECIFY, for the purposes of subregulation 2.72(10AB) and paragraph 2.79(1A)(b) of the Regulations, annual earnings of AUD 180,000.
 
This Instrument, IMMI 12/047 commences on 1 July 2012 immediately after the commencement of the Migration Amendment Regulation 2012 (No. 2).
 
 
 
Dated 12 June 2012
 
 
 
 
 
CHRIS BOWEN
                                           Minister for Immigration and Citizenship
 
 
[NOTE 1:        Paragraph 2.72(10)(cc) of the Regulations provides that the base rate of pay, under the terms and conditions of employment mentioned in paragraph (c) that are provided or would be provided to an Australian citizen or an Australian permanent resident, will be greater than the temporary skilled migration income threshold specified by the Minister in an instrument in writing for paragraph (cc).
NOTE 2:         Subregulation 2.72(10AB) of the Regulations provides that paragraphs 2.72(10)(c) and 2.72(10)(cc) do not apply if the annual earnings of the person identified in the nomination are equal to or greater than the amount specified by the Minister in an instrument in writing for the subregulation.
NOTE 3:         Paragraph 2.79(1A)(b) of the Regulations provides that regulation 2.79 does not apply to a standard business sponsor of a primary sponsored person if the annual earnings of the primary sponsored person are equal to or greater than the amount specified by the Minister in an instrument in writing for the paragraph.]