Oireachtas Joint and Select Committees
Thursday, 10 October 2019
Public Accounts Committee
2018 Financial Statements of the National Transport Authority
9:00 am
Mr. Philip L'Estrange:
The context was that on 1 January 2011, the National Transport Authority subsumed the previous Commission for Taxi Regulation. It was the Commission for Taxi Regulation that had originally taken out this lease. At the time it took out the lease, the going rent was on a €170,000 per annum upward-only rent review. Subsequently, when the NTA subsumed the CTR, that became our lease. We then did some review and calculation on the best way forward. We wanted to amalgamate all the CTR employees with the NTA in one building. That exercise-----
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