Oireachtas Joint and Select Committees
Thursday, 17 January 2013
Public Accounts Committee
Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
12:35 pm
Mr. Alex Chisholm:
Yes, broadly, but to give more detail, the company will apply using a methodology we have specified to calculate the net cost. We must then consider whether it is an unfair burden. It is possible a net cost is not an unfair burden. If we determine it is an unfair burden, we must determine how it should be compensated, and we make initial proposals on how the compensation would be defined, essentially by sharing it throughout the industry as a whole, but we have not made any final decision on this matter.
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