Document ID: chunk:federal_register_of_legislation:F2025C00115:schedule:7a:p3
Version: federal_register_of_legislation:F2025C00115
Segment Type: schedule
Provision Reference: sch 7A (pt 3/5)
Character Range: 2412750–2415697

for the visa on or after 1 July 2021—not less than AUD2,750,000 in each of the 2 fiscal years immediately before the time of invitation

Note: Points are accumulated under one item in Part 7A.7, not more than one.

Part 7A.8—Business turnover qualifications

Item  The applicant had an ownership interest in one or more main businesses that had an annual turnover of ...                                                                                 Number of points
7A81  (a) if the applicant was invited to apply for the visa before 1 July 2021—not less than AUD500,000 in at least 2 of the 4 fiscal years immediately before the time of invitation; or      5
      (b) if the applicant was invited to apply for the visa on or after 1 July 2021—not less than AUD750,000 in at least 2 of the 4 fiscal years immediately before the time of invitation
7A82  (a) if the applicant was invited to apply for the visa before 1 July 2021—not less than AUD1,000,000 in at least 2 of the 4 fiscal years immediately before the time of invitation; or    15
      (b) if the applicant was invited to apply for the visa on or after 1 July 2021—not less than AUD1,250,000 in at least 2 of the 4 fiscal years immediately before the time of invitation
7A83  (a) if the applicant was invited to apply for the visa before 1 July 2021—not less than AUD1,500,000 in at least 2 of the 4 fiscal years immediately before the time of invitation; or    25
      (b) if the applicant was invited to apply for the visa on or after 1 July 2021—not less than AUD1,750,0000 in at least 2 of the 4 fiscal years immediately before the time of invitation
7A84  (a) if the applicant was invited to apply for the visa before 1 July 2021—not less than AUD2,000,000 in at least 2 of the 4 fiscal years immediately before the time of invitation; or    35
      (b) if the applicant was invited to apply for the visa on or after 1 July 2021—not less than AUD2,250,000 in at least 2 of the 4 fiscal years immediately before the time of invitation

Note: Points are accumulated under one item in Part 7A.8, not more than one.

Part 7A.9—Business innovation qualifications

Item  At the time of invitation to apply for the visa ...                                                                                                                                                                                                    Number of points
7A91  the applicant, or a main business of the applicant, had either or both of the following:                                                                                                                                                               15
      (a) one or more patents that:
      (i) were registered not less than 1 year before that time; and
      (ii) were used in the day to day activities of the main business;
      (b) one or more registered designs that:
      (i) were registered not less than 1 year before that time;