Section 9007.5 - Petitions for rehearing; stays of repayment determinations(a)Petitions for rehearing.(1) Following the Commission's repayment determination or a final determination that a candidate is not entitled to all or a portion of post-election funding under 11 CFR 9004.9(f) , the candidate may file a petition for rehearing setting forth the relief desired and the legal and factual basis in support. To be considered by the Commission, petitions for rehearing must:(i) Be filed within 20 calendar days following service of the Commission's repayment determination or final determination;(ii) Raise new questions of law or fact that would materially alter the Commission's repayment determination or final determination; and(iii) Set forth clear and convincing grounds why such questions were not and could not have been presented during the original determination process.(2) If a candidate files a timely petition under this section challenging a Commission repayment determination, the time for repayment will be suspended until the Commission serves notice on the candidate of its determination on the petition. The time periods for making repayment under 11 CFR 9007.2(d) shall apply to any amounts determined to be repayable following the Commission's consideration of a petition for rehearing under this section.(b)Effect of failure to raise issues. The candidate's failure to raise an argument in a timely fashion during the original determination process or in a petition for rehearing under this section, as appropriate, shall be deemed a waiver of the candidate's right to present such arguments in any future stage of proceedings including any petition for review filed under 26 U.S.C. 9011(a) . An issue is not timely raised in a petition for rehearing if it could have been raised earlier in response to the Commission's original determination.(c)Stay of repayment determination pending appeal.(1)(i) The candidate may apply to the Commission for a stay of all or a portion of the amount determined to be repayable under this section or under 11 CFR 9007.2 pending the candidate's appeal of that repayment determination pursuant to 26 U.S.C. 9011(a) . The repayment amount requested to be stayed shall not exceed the amount at issue on appeal.(ii) A request for a stay shall be made in writing and shall be filed within 30 calendar days after service of the Commission's decision on a petition for rehearing under paragraph (a) of this section or, if no petition for rehearing is filed, within 30 calendar days after service of the Commission's repayment determination under 11 CFR 9007.2(c) .(2) The Commission's approval of a stay request will be conditioned upon the candidate's presentation of evidence in the stay request that he or she:(i) Has placed the entire amount at issue in a separate interest-bearing account pending the outcome of the appeal and that withdrawals from the account may only be made with the joint signatures of the candidate or his or her agent and a Commission representative; or(ii) Has posted a surety bond guaranteeing payment of the entire amount at issue plus interest; or(iii) Has met the following criteria: (A) He or she will suffer irreparable injury in the absence of a stay; and, if so, that(B) He or she has made a strong showing of the likelihood of success on the merits of the judicial action.(C) Such relief is consistent with the public interest; and(D) No other party interested in the proceedings would be substantially harmed by the stay.(3) In determining whether the candidate has made a strong showing of the likelihood of success on the merits under paragraph (c)(2)(iii)(B) of this section, the Commission may consider whether the issue on appeal presents a novel or admittedly difficult legal question and whether the equities of the case suggest that the status quo should be maintained.(4) All stays shall require the payment of interest on the amount at issue. The amount of interest due shall be calculated from the date 30 days after service of the Commission's repayment determination under 11 CFR 9007.2(c)(4) and shall be the greater of: (i) An amount calculated in accordance with 28 U.S.C. 1961(a) and (b) ; or(ii) The amount actually earned on the funds set aside under this section.56 FR 35924, 7/29/1991, as amended at 60 FR 31880, 6/16/1995