Document ID: chunk:federal_register_of_legislation:F2025C00115:schedule:7a:p1
Version: federal_register_of_legislation:F2025C00115
Segment Type: schedule
Provision Reference: sch 7A (pt 1/5)
Character Range: 2406957–2410584

Schedule 7A—Business innovation and investment points test—attributes and points (Business Skills (Provisional) (Class EB) visas)
(regulation 1.03)

Part 7A.1—Definitions
  In this Schedule:
degree has the meaning given by subregulation 2.26AC(6).
diploma has the meaning given by subregulation 2.26AC(6).
trade qualification has the meaning given by subregulation 2.26AC (6).

Part 7A.2—Age qualifications

Item  At the time of invitation to apply for the visa, the applicant was ...  Number of points
7A21  not less than 18 and under 25                                           20
7A22  not less than 25 and under 33                                           30
7A23  not less than 33 and under 40                                           25
7A24  not less than 40 and under 45                                           20
7A25  not less than 45 and under 55                                           15

Part 7A.3—English language qualifications

Item  At the time of invitation to apply for the visa, the applicant had ...  Number of points
7A31  vocational English                                                      5
7A32  proficient English                                                      10

Note: Points are accumulated under item 7A31 or 7A32, not both.

Part 7A.4—Educational qualifications

Item  At the time of invitation to apply for the visa, the applicant had ...                                                                       Number of points
7A41  met the requirements for:                                                                                                                    5
      (a) the award of a trade qualification, diploma or bachelor degree by an Australian educational institution; or
      (b) the award of a bachelor qualification by an educational institution that is of a recognised standard
7A42  met the requirements for:                                                                                                                    10
      (a) the award of a bachelor degree in business, science or technology by an Australian educational institution; or
      (b) the award of a bachelor qualification in business, science or technology by an educational institution that is of a recognised standard

Note: Points are accumulated under item 7A41 or 7A42, not both.

Part 7A.5—Business experience qualifications—Business Innovation stream only

Item  The applicant has held one or more main businesses for ...                                            Number of points
7A51  not less than 4 years in the 5 years immediately before the time of invitation to apply for the visa  10
7A52  not less than 7 years in the 8 years immediately before the time of invitation to apply for the visa  15

Note: Points are accumulated under item 7A51 or 7A52, not both.

Part 7A.6—Investor experience qualifications—Investor stream only

Item  The applicant ...                                                                                                                                                                                                           Number of points
7A61  (a) if the applicant was invited to apply for the visa before 1 July 2021—held eligible investments which had a value of not less than AUD100,000 for not less than 4 years immediately before the time of invitation; or   10
      (b) if the applicant was invited to apply for the visa on or after 1 July 2021—held eligible investments which had a value of not less than AUD250,000 for not less than 4 years immediately before the time of invitation
7A62  (a) if the applicant was