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

1:25 pm

Mr. Dermot Nolan:

My immediate reaction is that administering such a system would involve a cost. Given the fact that we set an overall limit of 7.5%, everyone is competing against himself or herself in some sense. I will consider the Chairman's suggestion, but I cannot give him a direct answer.