Brendan Ryan (Labour)

I move amendment No. 22:

In page 25, line 19, to delete "overall limit = (Ä CPI) — X" and substitute "overall limit = (Ä CPI) – X + Y".

This amendment has been proposed by An Post which states price control should reflect structural declines in volumes, given the fixed nature of many of the costs incurred in providing a universal service. As volumes decline, costs per unit increase. Without this adjustment, it would not be possible for it to be cost reflective. This adjustment is catered for in other countries such as the United Kingdom and France.