Document ID: chunk:federal_register_of_legislation:F2025C00115:clause:2_2:p13
Version: federal_register_of_legislation:F2025C00115
Segment Type: clause
Provision Reference: sch 2 cl 2 (pt 13/37)
Character Range: 2288632–2291281

lawfully acquired.
 (3) In the period of 12 months immediately before the application was made:
 (a) the main business in Australia, or main businesses in Australia, of the applicant, the applicant's spouse or de facto partner, or the applicant and his or her spouse or de facto partner together provided employment in Australia to 2 or more employees for a total number of hours that was at least the total number of hours that would have been worked by 2 full‑time employees; and
 (b) each employee whose employment is used to work out that total number of hours:
 (i) was not the applicant or a member of the family unit of the applicant during that period; and
 (ii) was an Australian citizen, an Australian permanent resident or the holder of a valid New Zealand passport during that period.
 (4) The business and personal assets in Australia of the applicant, the applicant's spouse or de facto partner, or the applicant and his or her spouse or de facto partner together:
 (a) had a net value of at least AUD600 000 in the period of 12 months ending immediately before the application was made; and
 (b) continue to have a net value of at least AUD600 000; and
 (c) were lawfully acquired.
 (5) The main business in Australia, or main businesses in Australia, of the applicant, the applicant's spouse or de facto partner, or the applicant and his or her spouse or de facto partner together, had an annual turnover of at least AUD300 000 in the 12 months immediately before the application was made.

888.226
 (1) Subclause (2) or (3) applies.
 (2) All of the following apply:
 (a) the nominating State or Territory government agency has determined that there are exceptional circumstances;
 (b) the requirements set out in at least 2 of subclauses 888.225(2) to (4) have been met;
 (c) the applicant:
 (i) resides in an area specified by the Minister in an instrument in writing for this subparagraph; and
 (ii) operates the applicant's main business or businesses in Australia in the area.
 (3) Both of the following apply:
 (a) the nominating State or Territory government agency has determined that there are exceptional circumstances;
 (b) the requirement set out in subclause 888.225(5) has been met.
888.23—Criteria for Investor stream
Note: These criteria are only for applicants seeking to satisfy the primary criteria for a Subclass 888 visa in the Investor stream.

888.231
 (1) The applicant has been in Australia, as the holder of a visa mentioned in the table in subitem 1104BA(5) of Schedule 1 (the relevant table):
 (a) if the applicant is covered by any of subclauses (1A) to (1C)—for a total period of at least 2 years in the