ADS scheme definition

ADS scheme means the China Approved Destination Status (ADS) scheme as agreed between the Governments of Australia and the People’s Republic of China (PRC) by an exchange of letters on 22 April 1999.
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Examples of ADS scheme in a sentence

  • The Approved Destination Status (ADS) scheme was established in 1999 as a bilateral agreement between the Chinese and Australian governments to encourage and facilitate the travel of organised groups from the People’s Republic of China (PRC) to Australia.

  • Austrade is responsible for administering the ADS scheme and advising the Minister responsible for tourism in relation to the making of decisions under the ADS scheme.

  • The Inbound Tour Operator has been approved by the Minister responsible for tourism to participate in the ADS scheme.

  • Under changes to the ADS scheme, Australian Inbound Tour Operators will now be approved by the Minister responsible for tourism and managed by Austrade, and will no longer be specified in an Instrument in writing for the purposes of subparagraph 1218(1)(b)(iii) of Schedule 1 to the Migration Regulations 1994 (the Regulations).

Related to ADS scheme

  • Superannuation Scheme in this subclause, shall mean a scheme other than one implemented solely for purposes of compliance with Clause 49. - Superannuation of this award, or an Order of the Western Australian Industrial Relations Commission.

  • Newco Scheme means a scheme of arrangement or analogous proceeding (“Scheme of Arrangement”) which effects the interposition of a limited liability company (“Newco”) between the Shareholders of the Issuer immediately prior to the Scheme of Arrangement (the “Existing Shareholders”) and the Issuer; provided that (i) only ordinary shares or units or equivalent of Newco or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco are issued to Existing Shareholders; (ii) immediately after completion of the Scheme of Arrangement the only holders of ordinary shares, units or equivalent of Newco or, as the case may be, the only holders of depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco, are Existing Shareholders holding in the same proportions as immediately prior to completion of the Scheme of Arrangement; (iii) immediately after completion of the Scheme of Arrangement, Newco is (or one or more wholly-owned Subsidiaries of Newco are) the only shareholder of the Issuer; (iv) all Subsidiaries of the Issuer immediately prior to the Scheme of Arrangement (other than Newco, if Newco is then a Subsidiary of the Issuer) are Subsidiaries of the Issuer (or of Newco) immediately after completion of the Scheme of Arrangement; and (v) immediately after completion of the Scheme of Arrangement the Issuer (or Newco) holds, directly or indirectly, the same percentage of the ordinary share capital and equity share capital of those Subsidiaries as was held by the Issuer immediately prior to the Scheme of Arrangement;

  • relevant scheme means a scheme of financial assistance provided under—

  • Pension Scheme means the superannuation scheme continued by section 29(c) of the Act;

  • Exempt Newco Scheme means a Newco Scheme where, immediately after completion of the relevant Scheme of Arrangement, the ordinary shares or units or equivalent of Newco (or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco) are (i) admitted to trading on the Relevant Stock Exchange or (ii) admitted to listing on such other Regulated Market as the Issuer or Newco may determine;