Oireachtas Joint and Select Committees
Wednesday, 9 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Denis O'Connor:
Land particularly, either zoned or unzoned. And the discussion there was for unplanned land, we would write down 45% over three years - 15% in year 1, year 2 and year 3 - and for land with planning, it was written down by 10% per annum over three years. They were things were added on. The amounts involved were not as large.
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