Document ID: chunk:federal_register_of_legislation:C2004A01183:clause:1_140za
Version: federal_register_of_legislation:C2004A01183
Segment Type: clause
Provision Reference: sch 1 cl 140ZA
Character Range: 19258–19812

140ZA  Retiring partners

 (1) If a partner leaves a partnership after it is approved as a sponsor, then, despite section 140Y, the regulations may prescribe:
 (a) the circumstances in which, and for how long, a sponsorship obligation remains enforceable against the retiring partner; and
 (b) the circumstances in which, and for how long, a sponsorship right is exercisable by the retiring partner; and
 (c) which debts remain payable by the retiring partner.

 (2) Different matters may be prescribed for different kinds of visa (however described).