Andrew Locantro

Member's name: Andrew Locantro
Date of Hearing: 20 August 2020
Division: Victoria
Tribunal: Disciplinary Tribunal

On 20 August 2020 the Disciplinary Tribunal found Mr Andrew Locantro breached:

1. Article 39(a)(ii)(F) of the 14 May 2019 Constitution (“the Constitution”) in that Mr Locantro had “been the subject of an adverse finding that has not been overturned on appeal in relation to the Member's conduct, competence or recognition by any Court, professional body, statutory or other regulatory authority in any jurisdiction” in respect of a decision of the Tax Practitioners Board dated 14 February 2020 that terminated his registration as a Tax Agent.
2. Article 39(a)(ii)A in that the Member breached By-Law 5.2(a)(ii) for not providing a satisfactory response to the Complaint within 10 Business Days or at all after repeated requests.

Mr Locantro did not attend the Disciplinary Tribunal Hearing and a denial of the Complaints were made on his behalf.

Penalty and costs

The Disciplinary Tribunal found the Complaint sustained and imposed the following penalties:

Complaint 1:

• forfeiture of Membership, not eligible for readmission for 30 years.

Complaint 2:

• a severe reprimand.

Complaints 1 and 2 combined:

• a fine in the amount of $100,000.

The Member was ordered to pay CPA Australia's costs of $2678.39.

The Member appealed the determination of the Disciplinary Tribunal. Mr Locantro's appeal is set to be heard on 9 February 2021.