(1) in accordance with subsection 33(3) of the Acts interpretation Act 1901, the instrument, Definition of a Superyacht - IMMI 09/019 is repealed;
(2) a superyacht is any high value luxury sailing ship or motor vessel which is:
(a) 24 metres or longer in length;
(b) not carrying cargo;
(c) used for sport or pleasure.
Note: In this instrument:
(1) Superyacht has the meaning provided in regulation 1.03 of the Regulations.
(2) Vessel has the meaning provided in subsection 5(1) of the Migration Act 1958.