Oireachtas Joint and Select Committees
Thursday, 18 December 2014
Public Accounts Committee
National Asset Management Agency Financial Statements 2013
12:30 pm
Mr. Brendan McDonagh:
Yes. Sometimes the land is useful for local authorities and the Department of Education and Skills for schools and other public amenities. We have a reasonable, forthright approach with local authorities and we inform them of the land we have. When local authorities publish their plans, we feed into them. While we are very conscious that our goal is to ensure the value of the asset is maintained as much as possible, if it is de-zoned, we have to live with it.
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