Eoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source

The point Deputy Casey is making is that land is not registered at current market value in many instances. Large volumes of public land sit on the balance sheet of a public agency at the value at which it was acquired rather than the open market value. If I understand the point Deputy Casey is making, the market value should be the compensation level if it is then coming off balance sheet.