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

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 2011

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                                                   Commonwealth of Australia

                                                     Migration Regulations 1994

SPECIFICATION OF INCOME THRESHOLD AND ANNUAL EARNINGS
(PARAGRAPH 2.72(10)(cc), SUBREGULATION 2.72(10AB) and PARAGRAPH 2.79(1A)(b))

I, CHRIS BOWEN, Minister for Immigration and Citizenship, acting under paragraph 2.72(10)(cc) and subregulation 2.72(10AB) of Division 2.17 of Part 2A and paragraph 2.79(1A)(b) of Division 2.19 of Part 2A of the Migration Regulations 1994 (‘the Regulations’):

1.      REVOKE Legislative Instrument IMMI 10/037 signed on 17 June 2010 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 49,330; 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 11/041, commences on 1 July 2011.

Dated 6 June 2011

CHRIS BOWEN
                                           Minister for Immigration and Citizenship

[NOTE 1:        Paragraph 2.72(10)(cc) 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 the paragraph.
NOTE 2:         Subregulation 2.72(10AB) 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 or greater than the amount specified by the Minister in an instrument in writing for this paragraph.
NOTE 3:         Paragraph 2.79(1A)(b) 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 this paragraph.]