Document ID: chunk:federal_register_of_legislation:F2025C00115:clause:2_2:p19
Version: federal_register_of_legislation:F2025C00115
Segment Type: clause
Provision Reference: sch 2 cl 2 (pt 19/178)
Character Range: 1471399–1474151

a designated investment in that State or Territory.

162.218
  The applicant genuinely has a realistic commitment, after entry to Australia as the holder of a Subclass 162 visa, to continue to maintain business or investment activity in Australia after the designated investment made by the applicant, or by the applicant and his or her spouse or de facto partner, has matured.

162.219
  The applicant has signed a declaration that the applicant understands his or her obligations as the holder of a Subclass 162 visa.
162.22—Criteria to be satisfied at time of decision

162.221
  The applicant continues to satisfy the criteria in clauses 162.211, 162.213, 162.216 and 162.218.

162.222
 (1) The applicant has made a designated investment of an amount of AUD1 500 000 in the name of the applicant or in the names of the applicant and his or her spouse or de facto partner.
 (2) The Minister is satisfied that the funds mentioned in subclause (1) were:
 (a) legally owned by:
 (i) the applicant; or
 (ii) the applicant's spouse or de facto partner; or
 (iii) the applicant and his or her spouse or de facto partner together; and
 (b) unencumbered; and
 (c) accumulated from the qualifying business or eligible investment activities of:
 (i) the applicant; or
 (ii) the applicant's spouse or de facto partner; or
 (iii) the applicant and his or her spouse or de facto partner together.

162.223
  The applicant:
 (a) satisfies public interest criteria 4001, 4002, 4003, 4004, 4005, 4010 and 4020; and
 (b) if the applicant had turned 18 at the time of application—satisfies public interest criterion 4019.

162.224
  If the applicant has previously been in Australia, the applicant satisfies special return criteria 5001, 5002 and 5010.

162.225
 (1) Each member of the family unit of the applicant who is an applicant for a Subclass 162 visa:
 (a) satisfies public interest criteria 4001, 4002, 4003, 4004, 4005, 4010 and 4020; and
 (aa) if the member had turned 18 at the time of application—satisfies public interest criterion 4019; and
 (b) if the member has previously been in Australia—satisfies special return criteria 5001, 5002 and 5010.
 (2) Each member of the family unit of the applicant who is not an applicant for a Subclass 162 visa:
 (a) satisfies public interest criteria 4001, 4002, 4003, 4004 and 4020; and
 (b) satisfies public interest criterion 4005, unless the Minister is satisfied that it would be unreasonable to require the person to undergo assessment for that criterion.

162.226
  If a person:
 (a) is a member of the family unit of the applicant; and
 (b) has not turned 18; and
 (c) made a combined application with the applicant;
public interest criteria 4015 and 4016 are satisfied in relation to the person.

162.227