Commonwealth legislation

Migration Regulations 1994 - Specification of Evidence of Further Funds and Living Costs - IMMI 12/054

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

2/10 complexity

What this does

This instrument sets the minimum amount of money ($18,610) that certain visa applicants must prove they can access when applying to come to Australia.

Who it affects

Primarily international students applying for Australian student visas (subclasses 570, 572, 573, 574, and 575) and student guardians (subclass 580).

What the money covers

Further funds: For most student visa applicants, this is money they must have available—from an acceptable source like savings or family support—beyond their course fees and travel costs.
Living costs: For student guardians and certain other applicants, this represents the annual amount they need to support themselves while in Australia.

Why it matters

Applicants must provide evidence (such as bank statements) proving they have access to at least this amount. Without it, their visa application may be refused. This instrument replaced an earlier 2009 specification, updating the required dollar amount.

JSON API Migration / citizenship

Deep dive

Want the full deep dive?

Zoe can write the in-depth analysis on top of the summary above: how it works, who it affects and what each part actually does.

Current sections

Direct links to the current provisions in Migration Regulations 1994 - Specification of Evidence of Further Funds and Living Costs - IMMI 12/054.

Migration Regulations 1994 - Specification of Evidence of Further Funds and Living Costs - IMMI 12/054

View image in the official source

Commonwealth of Australia

Migration Regulations 1994

EVIDENCE OF FURTHER FUNDS AND LIVING COSTS

(Paragraphs 570.613(3)(b), 572.613(3)(b), 573.613(3)(b), 574.613(3)(b), 575.613(3)(b), 5A302(b) and 5B102(1)(a), clause 580.111 and subclause 5A104(1))

I, CHRIS BOWEN, Minister for Immigration and Citizenship, acting under paragraphs 570.613(3)(b), 572.613(3)(b), 573.613(3)(b), 574.613(3)(b), 575.613(3)(b), 5A302(b) and 5B102(1)(a), clause 580.111 and subclause 5A104(1)of the Migration Regulations 1994 (‘the Regulations’):

REVOKE Instrument number IMMI 09/138 signed on 8 December 2009 specifying amounts for the purposes of paragraphs 570.613(3)(b), 572.613(3)(b), 573.613(3)(b), 754.613(3)(b), 575.613(3)(b), 5A302(b) and 5B102(1)(a), clause 580.111 and subclause 5A104(1).
SPECIFY an amount of AUD $18 610 for the purposes of paragraphs 570.613(3)(b), 572.613(3)(b), 573.613(3)(b), 574.613(3)(b), 575.613(3)(b), and 5A302(b); AND
SPECIFY an amount of AUD $18 610 per year for the purposes of clause 580.111, subclause 5A104(1) and paragraph 5B102(1)(a).

This Instrument, IMMI 12/054, comes into effect on 1 July 2012.

Dated 18 June 2012

Chris Bowen

Minister for Immigration and Citizenship

[NOTE 1: Paragraphs 570.613(3)(b), 572.613(3)(b), 573.613(3)(b), 574.613(3)(b), 575.613(3)(b), and 5A302(b) relate to the applicant providing evidence that they have further funds from an acceptable source.

NOTE 2: Clause 580.111, subclause 5A104(1) and paragraph 5B102(1)(a) relate to the applicant’s living costs.]

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Migration Regulations 1994 - Specification of Evidence of Further Funds and Living Costs - IMMI 12/054