NOMINATION CONDITIONS I understand that if my Victorian nomination application is successful, and I am granted a Business Innovation and Investment (Provisional) (subclass 188) visa - Business Innovation stream by the Australian Government, Victorian nomination will be provided with the following conditions:

1. I understand that I must employ at least 2 eligible full-time employees in my Victorian business for a minimum of 24 months. I am exempt from this requirement if: a. My eligible business records a turnover of at least $A 1 million per 12 months, over a consecutive 24-month period immediately before the lodgement of my Business Innovation and Investment (Permanent) visa (subclass 888) nomination application.

2. I understand that I am required to invest no less than $500,000 into my Victorian business before I can apply for nomination of my permanent (subclass 888) Business Innovation visa.

3. I understand that I will be required to complete eligible English language training during my provisional visa period or provide evidence that I have Functional English.

4. I understand that I am exempt from all English requirements if I can demonstrate that I have operated a High-Value Victorian Business to as an eligible business during my provisional (subclass 188) visa period.

5. I understand that if I decide to change my business activity that was proposed in my provisional visa nomination application, I must seek advice from the Victorian Government’s Skilled and Business Migration Program prior to undertaking this business activity.

6. I will establish a residence and reside in Victoria to the exclusion of all other Australian States and Territories.

7. I understand that these Nomination Conditions will also apply to any subclass 188 visa that I hold in the Business Innovation Extension stream.

8. I acknowledge that, without express written consent from the Victorian Government, failure to comply with the above conditions may result in the withdrawal of Victorian Government nomination for the applicant’s visa