For subsection 140E(1) of the Act, the criterion that must be satisfied for the Minister to approve an application by a person (the applicant ) for approval as a standard business sponsor is that the Minister is satisfied that:
(a) the applicant has applied for approval as a standard business sponsor in accordance with the process set out in regulation 2.61; and
(c) the applicant is lawfully operating a business (whether in or outside Australia); and
(f) if the applicant is lawfully operating a business in Australia:
(i) the applicant has attested, in writing, that the applicant has a strong record of, or a demonstrated commitment to, employing local labour; and
(ii) the applicant has declared, in writing, that the applicant will not engage in discriminatory recruitment practices; and
(g) either:
(i) there is no adverse information known to Immigration about the applicant or a person associated with the applicant; or
(ii) it is reasonable to disregard any adverse information known to Immigration about the applicant or a person associated with the applicant; and
(h) if the applicant is lawfully operating a business outside Australia and does not lawfully operate a business in Australia--the applicant is seeking to be approved as a standard business sponsor in relation to a holder of a Subclass 457 (Temporary Work (Skilled)) visa , a Subclass 482 (Skills in Demand) visa or a Subclass 482 (Temporary Skill Shortage) visa, or an applicant or a proposed applicant (the visa applicant ) for a Subclass 482 (Skills in Demand) visa, and the applicant intends for the visa holder or visa applicant to:
(i) establish, or assist in establishing, on behalf of the applicant, a business operation in Australia with overseas connections; or
(ii) fulfil, or assist in fulfilling, a contractual obligation of the applicant.