FINAL ACCOUNTS 2010 - National Transport Authority

COMMISSION FOR TAXI REGULATIONNotes to the Financial StatementsFor the year ended 31st December 201011. Commission Member InterestsThe Commission adopted procedures in accordance with the guidelines issued by the Department ofFinance in relation to the disclosure of interests by a Commission Member and these procedures havebeen adhered to in the year. There were no transactions in the year in relation to the Commissionsactivities in which a Commission Member had any beneficial interest.12. Lease CommitmentsThe Commission for Taxi Regulation has commitments in respect of a lease on office accommodation at35 Fitzwilliam Square. In April 2006, the Commission was assigned a lease with a term of 35 years whichwill expire on 27 April 2024. Annual rent is €170,000 with five year rent reviews.13. Comparative FiguresSome changes have been made to the presentation of items in the financial statements and thecomparative figures have been restated where necessary on a basis consistent with the current yearpresentation.14. Commissioner’s RemunerationThe Commissioner received salary payments of €132,626 in 2010. No bonus payments were made to theCommissioner. The Commissioner received recoupment of travel and subsistence expenses of €5,444 in2010.The Commissioner is a member of an unfunded defined benefit public sector scheme and herpension entitlements do not extend beyond standard entitlements in the public sector defined benefitsuperannuation scheme.18