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Affidavit Of Financial Support

Affidavit Of Financial Support Template for Australia

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Key Requirements PROMPT example:

Affidavit Of Financial Support

"I need an Affidavit of Financial Support for my nephew's Australian student visa application, committing to cover his university tuition and living expenses of AUD 35,000 per year starting March 2025 for a three-year period."

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Document background
The Affidavit of Financial Support is a crucial document in Australian legal practice, particularly in immigration, education, and family law contexts. It serves as a formal declaration where the deponent commits to providing financial support to another individual and demonstrates their capacity to do so. This document is frequently required for student visa applications, family sponsorship arrangements, or court proceedings where financial support must be evidenced. The affidavit must comply with relevant Australian legislation, including the Statutory Declarations Act 1959 and state-specific Oaths Acts. It typically includes detailed financial information, terms of support, and must be witnessed by authorized persons. The document carries serious legal implications, with the deponent being bound by their declarations under penalty of perjury.
Suggested Sections

1. Title and Formal Opening: Standard affidavit opening including the court/authority details if applicable

2. Deponent Details: Full legal name, occupation, and address of the person making the affidavit

3. Beneficiary Details: Full details of the person(s) being supported

4. Relationship Declaration: Statement explaining the relationship between the deponent and beneficiary

5. Financial Capacity: Declaration of income, assets, and financial position

6. Support Commitment: Specific details of the financial support being offered

7. Duration of Support: Timeframe for which the support will be provided

8. Obligations Understanding: Acknowledgment of the legal obligations being undertaken

9. Declaration of Truth: Standard declaration that the contents are true and correct

10. Execution Block: Signature section with witness attestation

Optional Sections

1. Immigration Status: Required when the affidavit is for visa or immigration purposes

2. Additional Supporters: When there are multiple people providing financial support

3. Government Benefits Declaration: Statement regarding any government benefits received by either party

4. Existing Financial Obligations: Declaration of other financial commitments or dependents

5. Emergency Provisions: Special arrangements in case of financial emergencies

6. Third Party Guarantor: When additional financial guarantee is provided by another party

Suggested Schedules

1. Schedule A - Income Evidence: Detailed breakdown of income sources including pay slips, tax returns

2. Schedule B - Asset Statement: List of assets and their current market values

3. Schedule C - Liability Statement: List of current debts and financial obligations

4. Schedule D - Support Calculation: Detailed calculation of support amount and frequency

5. Schedule E - Bank Statements: Recent bank statements demonstrating financial capacity

6. Appendix 1 - Supporting Documents: Copies of relevant supporting documentation (employment contracts, property ownership, etc.)

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

























Clauses




















Relevant Industries

Legal Services

Immigration Services

Education

Financial Services

Government and Public Sector

Professional Services

International Trade

Higher Education

Family Services

Relevant Teams

Legal

Immigration

International Student Services

Compliance

Administrative Support

Document Processing

Student Affairs

Visa Processing

Legal Operations

Client Services

Relevant Roles

Immigration Lawyer

Family Lawyer

Paralegal

Legal Administrator

Immigration Officer

Visa Processing Officer

International Student Advisor

Compliance Officer

Legal Secretary

Court Administrator

Financial Advisor

Education Agent

Student Services Officer

Legal Counsel

Commissioner for Declarations

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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