Jim Higgins (Fine Gael)

I move amendment No. 4:

In page 35, line 46, after "instrument" to insert "provided that the Chief Executive has published a report demonstrating that these levies are necessary for recovery of its cost and indicating the performance indicators which are being monitored to ensure efficient and cost-effective operation".

This is an add-on to the existing text. It relates to the powers to impose levies. The Bill reads:

The Chief Executive, with the agreement of the other members of the Regulatory Authority, may make regulations prescribing levies to be paid by persons who are subject to regulation under the designated enactments and designated statutory instruments.

My amendment would add: