Oireachtas Joint and Select Committees

Thursday, 4 May 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Land Value Sharing and Urban Development Zones Bill 2022: Discussion

Mr. Paul Hogan:

No. The charge is fixed on the same day, as I said earlier, so it does not accrue or escalate in line with inflation or any index. It is simply revalued again at a future point if development has not taken place or it has not been discharged.

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