Terms of Reference - Review of Sydney Taxi Licences to be released from 1 July 2013

I, Barry O'Farrell, Premier, pursuant to section 9(2) of the Independent Pricing and Regulatory Tribunal Act 1992, approve the Independent Pricing and Regulatory Tribunal (!PART) entering into an arrangement with Transport for NSW (TfNSW) to review and make recommendations on the number of annual taxi licences (other than wheelchair accessible taxis) to be released in Sydney for the year commencing 1 July 2013.