Mr. Ronan Gallagher:

I might deal with at a high level and then pass it on. In principle, it is always a concern of regulated entities that the regulator builds in a huge amount of fat for expensive offices and pay rates. It is on a strictly cost recovery basis. The charging regime will be transparent. The IAA produces an annual report and is then accountable to the Oireachtas for that cost. Regulators will come in in terms of their accounts and the Department has a relationship as well, so it is dealt with administratively. It is a constant piece and happens in all areas of regulations such as the banking sector and other areas of transport. It involves this tension between regulated entities and the fees they pay. I would say in defence that in comparison with EU regulators, the fees and charges are generally highly competitive. We do not have a list of the actual individuals but we can give the committee a flavour apart from airports of the type of companies that would be subjected to the regime.