Mr. Robert Keran:

Mr. Jones made the point about the extant planning permission. It is not clear why it is not included in the market value calculation. It probably should be but that is a question for the Department. When the Deputy says "transaction value", does he mean the difference between the existing land use value and the market value - in other words what someone is paying for it - or does he mean the actual price paid for a piece of land? It is the latter.