Oireachtas Joint and Select Committees

Tuesday, 16 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 (Resumed)

Mr. Robert Keran:

There are fixes for that in the sense that the mechanism at the moment is a register of land values. There is a separate process for self-assessments, as the Deputy is aware. Perhaps a better process would be if the land was valued at the date of the planning application, for example. The self-assessment would be submitted with the planning application that values the land at that date so it is current and up-to-date, and it would factor in other transactions on other sites in the area. That might be one area for us to make a written submission.

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