Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

How is that being implemented? Is it like a scenario where it is not a lease agreement as such but somebody has a continuous lease over many years? We rented our house for decades. That was just the way it was. In rural communities, there will be people who rent their house from the same person and spend their lives there so is it the case that if they continue to stay in that house for 35 years, they have to pay 2% on their annual rent to Revenue every year once 35 years are reached?