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

Ms Claragh Mulhern:

We are trying to incentivise that in a way by saying that if people pay upfront, it is fixed and they have discharged their obligation, whereas if they do not pay it upfront, it gets to the next review of the development plan and if the valuation is different and the quantum of the obligation goes up, they will have to pay more, essentially.

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