Ms Claragh Mulhern:

Mr. Hogan might want to speak too but the intention of this and the reason we have taken this approach in the revised general scheme is to try to influence transactions. The idea is that where there is clarity about the quantum of the obligation, with an existing-use value and market value, one knows what the difference is between the two and can work out the 30%. That should influence transactions thereafter. We are trying, as much as possible, to target the original landowner, who ultimately gets the maximum benefit from the zoning decision that has been taken. The idea is that it brings it as early in the process as possible to remove the risk that might happen down the line with regard to actual delivery.