Oireachtas Joint and Select Committees
Tuesday, 30 June 2015
Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government
Urban Regeneration and Housing Bill 2015: Committee Stage
6:30 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
This relates to the Government's plan to reduce the obligation on the developer from 20% of any development to 10%, which is a central aspect of the legislation. Undoubtedly, the Government will claim that a level of 20% is an inhibitor and discourages developers from developing and that reducing it to 10% could incentivise builders to start developments. It probably captures the Government's argument to state that it is better to have 10% of something than 20% of nothing. I have probably stolen the Minister of State's lines.
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