Document ID: chunk:federal_register_of_legislation:F2025C00115:clause:2_2:p18
Version: federal_register_of_legislation:F2025C00115
Segment Type: clause
Provision Reference: sch 2 cl 2 (pt 18/37)
Character Range: 2300789–2303402

Extension stream.
 (2A) For the purposes of working out, under subclause (2), the number of days the applicant has been in Australia, the applicant is taken to have been in Australia during a period if:
 (a) the applicant was outside Australia during a concession period; and
 (b) during the concession period the applicant held a Subclass 188 visa in the Significant Investor stream or a Subclass 188 visa in the Significant Investor Extension stream; and
 (c) the Subclass 188 visa in the Significant Investor stream was granted to the applicant before 1 July 2019.
 (3) The applicant's spouse or de facto partner has been in Australia on a Subclass 188 visa, granted on the basis that the applicant held a Subclass 188 visa in the Significant Investor stream or the Significant Investor Extension stream, for at least the number of days worked out by adding the results of paragraphs (a) and (b):
 (a) 180 multiplied by the number of complete years in the period in which the applicant held a Subclass 188 visa in the Significant Investor stream; and
 (b) 180 multiplied by the number of years (if any) (treating a part of a year as 1 year) in which the applicant held a Subclass 188 visa in the Significant Investor Extension stream.
 (4) For the purposes of working out, under subclause (3), the number of days the applicant's spouse or de facto partner has been in Australia, the spouse or partner is taken to have been in Australia during a period if:
 (a) the spouse or partner was outside Australia during a concession period; and
 (b) during the concession period the spouse or partner held a Subclass 188 visa, granted on the basis that the applicant held a Subclass 188 visa in the Significant Investor stream or a Subclass 188 visa in the Significant Investor Extension stream; and
 (c) the Subclass 188 visa in the Significant Investor stream was granted to the applicant before 1 July 2019.
Note: It is not necessary for the applicant to have been in Australia for 40 days in each year in the period or the applicant's spouse or de facto partner to have been in Australia for 180 days in each year in the period.
888.25—Criteria for Premium Investor stream
Note: These criteria are only for applicants seeking to satisfy the primary criteria for a Subclass 888 visa in the Premium Investor stream.

888.251
 (1) At the time of application the applicant has held a Subclass 188 (Business Innovation and Investment (Provisional)) visa in the Premium Investor stream for a continuous period of at least 12 months.
 (2) For the whole of the period during which the applicant has held the visa mentioned