(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with subsection 33(3) of the Acts interpretation Act 1901, the instrument, Definition of a Superyacht - IMMI 09/019 is repealed;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.