Mr. Philip L'Estrange:

I will address that. In 2011, the Commission for Taxi Regulation, CTR, was subsumed into the NTA. As part of that, all the assets and liabilities were also transferred to the NTA, including a 35-year lease contract, upward only, that the Commission for Taxi Regulation had taken out in 2006. Effectively, the NTA inherited this lease. The payments on the lease were €170,000 per annum and the NTA took that on board. As soon as the Commission for Taxi Regulation was amalgamated with the National Transport Authority we immediately sought to achieve efficiencies and to co-locate both cohorts of workers in one building, which is our headquarters in Harcourt Lane. That achieved savings of approximately €440,000 per annum. Notwithstanding that, there is a difference between the rent we receive now, which is €80,000, and the original rent the CTR took out, in a different era, of €170,000. Overall, the public sector still made savings. The National Council for Curriculum and Assessment, NCCA, was able to leave a privately rented building and take on this favourable lease term of €80,000 per annum.