Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

We will take a step-by-step approach. We must first secure the consent of the European Commission, after which we will consult local authorities. The measure will then be subject to regulatory guidelines, in which the details the Deputy is raising will be expanded on. Local authorities have experience of dealing with schemes involving property. The target of the measure is not investors or speculative builders but people who want to live in locations that have been designated.