CFMZ and Tax Practitioners Board (Taxation)

The applicant, CFMZ, sought a stay of a decision made by the Tax Practitioners Board to terminate their tax agent registration. The matter came before the Administrative Appeals Tribunal.

The Tribunal was required to determine whether to grant a stay of the Board's decision, considering the prospects of success of the applicant's appeal, the consequences of refusing the stay, and the public interest.

In reaching its decision, the Tribunal considered the impact of the termination on the applicant's ability to earn income and their professional reputation. It also weighed these factors against the public interest in maintaining confidence in the proper administration of taxation laws and the operation of the regulatory system. The Tribunal concluded that a stay was not necessary to preserve the efficacy of the review proceedings.

Consequently, the Tribunal decided not to exercise its discretion to grant a stay of the Board's decision, and the interim stay order dated 16 July 2020 ceased from the date of this decision.