Document ID: chunk:federal_register_of_legislation:F2025C00115:clause:2_2:p63
Version: federal_register_of_legislation:F2025C00115
Segment Type: clause
Provision Reference: sch 2 cl 2 (pt 63/178)
Character Range: 1581289–1584101

one or more of the purposes specified by the Minister for paragraph 5.19B(2)(c).
 (4) The applicant has given the Minister a completed copy of approved form 1412, signed by the applicant and each other applicant aged at least 18.
Note: Approved form 1412 is a deed of acknowledgment, undertaking and release, signed by each person mentioned in subclause (4), under which they:
(a) acknowledge that they are responsible for their financial and legal affairs; and
(b) undertake not to bring an action against the Commonwealth in relation to any loss relating to the relevant investment; and
(c) release the Commonwealth from any liabilities in relation to any loss relating to the relevant investment.

188.262
 (1) The applicant satisfies public interest criterion 4007.
 (2) Each member of the family unit of the applicant who is an applicant for a Subclass 188 visa satisfies public interest criterion 4007.
 (3) Each member of the family unit of the applicant who is not an applicant for a Subclass 188 visa satisfies public interest criterion 4007 unless it would be unreasonable to require the member to undergo assessment in relation to the criterion.
188.28—Criteria for Entrepreneur stream
Note: These criteria are only for applicants seeking to satisfy the primary criteria for a Subclass 188 visa in the Entrepreneur stream.

188.281
 (1) The applicant was invited, in writing, by the Minister to apply for the visa.
 (2) Either:
 (a) the applicant had not turned 55 at the time of the invitation to apply for the visa; or
 (b) the nominating State or Territory government agency has determined that the complying entrepreneur activity the applicant is undertaking or proposing to undertake is, or will be, of exceptional economic benefit to the State or Territory in which the agency is located.
 (3) At the time of invitation to apply for the visa, the applicant had competent English.

188.282
  The applicant:
 (a) is undertaking, or proposing to undertake, a complying entrepreneur activity; and
 (ab) has a genuine intention to undertake, and continue to undertake, the complying entrepreneur activity in Australia; and
 (b) if the time of invitation to apply for the visa was before 1 July 2021, has a genuine intention to undertake, and continue to undertake, the complying entrepreneur activity in accordance with the agreement or agreements mentioned in paragraph 5.19E(3)(b) in relation to the activity.

188.283
  The nominating State or Territory government agency is satisfied that the net value of the business and personal assets of the applicant, the applicant's spouse or de facto partner, or the applicant and his or her spouse or de facto partner together, is sufficient to allow them to settle in Australia.

188.284
 (1) The applicant satisfies public interest criterion 4005.
 (2)