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

10:35 am

Mr. Cathal Guiomard:

I would expect the costs of the office in 2014 to be higher than they are currently, perhaps not a great deal but certainly higher by some hundreds of thousands of euro. What we have done is sought to have a small buffer which would be capable of financing extra costs of that nature or legal actions which might be costly without requiring an immediate substantial increase in the levy given current economic conditions.