Section 140
Negotiation for settlement
of Goods and Services Tax Act 2014
The Tribunal shall, with regard to every appeal within its jurisdiction, assess whether, in all the circumstances, it is appropriate for the Tribunal to assist the parties to the proceedings to negotiate an agreed settlement in relation to the appeal.
(2)
Without limiting the generality of subsection (1), in making an assessment the Tribunal shall have regard to any factor that in the opinion of the Tribunal, is likely to impair the ability of either or both of the parties to negotiate an agreed settlement.
(3)
Where the parties reach an agreed settlement, the Tribunal shall approve and record the settlement and the settlement shall take effect as if it were a decision of the Tribunal.
(4)
Where—
(a)
it appears to the Tribunal that it would not be appropriate for it to assist the parties to negotiate an agreed settlement in relation to the appeal; or
(b)
the parties are unable to reach an agreed settlement in relation to the appeal, the Tribunal shall proceed to determine the appeal.
Goods and Services Tax 129
Representation at hearing