Oireachtas Joint and Select Committees

Tuesday, 15 June 2021

Select Committee on Housing, Planning and Local Government

Land Development Agency Bill 2021: Committee Stage (Resumed)

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail) | Oireachtas source

To give clarification to the clarification, this relates to taking advance possession. It is where the LDA acquires land under Part 7 in advance of the land being vested in it. It is in these instances where we would not necessarily envisage compensation at that stage. We discussed the discounted value in detail earlier. It is in these instances, whereby it makes sense for the LDA to have possession of the land at an early stage before any payment, for instance, for ground surveys, T tests, P tests or whatever the case may be. This would not relate just to ransom strips. I see this as relating to regular sites. I hope this answers the Deputy's questions.

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