# Migration Regulations 1994 - Specification of Eligible Managed Fund Investments - IMMI 13/092

> F2013L01571 — as made — Status: Repealed — Made/registered 2013-08-13 — https://www.legislation.gov.au/F2013L01571/latest/text

> _As-made (original) text, reproduced from the Federal Register of Legislation (legislation.gov.au) under CC BY 4.0. For amended instruments the current compilation may differ; confirm against the official source._

ELIGIBLE MANAGED FUND INVESTMENTS
(Regulation 5.19B)
I, TONY BURKE, Minister for Immigration, Multicultural Affairs and Citizenship, acting under paragraph 5.19B(2)(c) of the Migration Regulations 1994 (‘the Regulations’):
1. REVOKE Instrument number IMMI 12/117 signed on 22 November 2012 specifying eligible managed fund investments for the purpose of regulation 5.19B; AND
2. SPECIFY the following investments in managed fund investments for the purposes of paragraph 5.19B(2)(c) of the Regulations:
 (a) infrastructure projects in Australia;
(b) cash held by Australian deposit taking institutions (including negotiable certificates of deposit, bank bills and other cash-like instruments);
(c) bonds issued by the Commonwealth Government or a State or Territory government;
(d) bonds, equity, hybrids or other corporate debt in companies and trusts listed  or expected to be listed within 12 months on an Australian Stock Exchange;
(e) bonds or term deposits issued by Australian financial institutions;
(f) real property in Australia;
(g) Australian Agribusiness;
(h) annuities issued by an Australian registered life company in accordance with section 9 or 12A of the Life Insurance Act 1995;
(i) derivatives used for portfolio management and non-speculative purposes which constitute no more than 20 per cent of the total value of the managed fund;

(j) loans secured by mortgages over the investments listed in subparagraphs 2(a) to 2(h) of this instrument; and
(k) other managed funds that invest in the investments listed in subparagraphs 2(a) to 2(j) of this instrument.
This instrument, IMMI 13/092, commences on 23 November 2013.
Dated   25 . 7  2013
TONY BURKE
 Minister for Immigration and Citizenship
Minister for the Arts