Contents
1 Name#
This instrument is the Migration (Complying Entrepreneur Activity—Funding Entities) Instrument 2026.
2 Commencement#
This instrument commences on the day after it is registered.
3 Authority#
This instrument is made under paragraph 5.19E(6)(b) of the Migration Regulations 1994.
4 Schedules#
Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
5 Definitions#
In this instrument:
higher education provider has the meaning given in section 16-1 of the Higher Education Support Act.
Higher Education Support Act means the Higher Education Support Act 2003.
Regulations means the Migration Regulations 1994.
Table A providers has the meaning given by section 16-15 of the Higher Education Support Act.
Table B providers has the meaning given by section 16-20 of the Higher Education Support Act.
6 Specified entities for a complying entrepreneur activity#
For the purposes of paragraph 5.19E(5)(b) of the Regulations, each of the following entities are specified under paragraph 5.19E(6)(b) of the Regulations:
(a)all agencies of the Commonwealth, a State or a Territory;
(b)bodies that undertake publicly funded research or innovation initiatives and are established under a law of the Commonwealth, a State or a Territory;
(c)investors registered or conditionally registered as venture capital limited partnerships or early stage venture capital limited partnerships under Part 2 of the Venture Capital Act 2002 as in force from time to time; and
(d)higher education providers listed under Part 2-1 of the Higher Education Support Act as in force from time to time as:
(i)Table A providers; or
(ii)Table B providers.
Note: Subsection 16-5(3) of the Higher Education Support Act provides that a higher education provider ceases to be a provider if the provider’s approval is revoked or suspended under Division 22 or the notice of the provider’s approval ceases to have effect under Part 2 of Chapter 3 (parliamentary scrutiny of legislative instruments) of the Legislation Act 2003.
Sourced from the Federal Register of Legislation at legislation.gov.au, © Commonwealth of Australia, licensed under CC BY 4.0. Compilations may have been reformatted.