Oireachtas Joint and Select Committees

Thursday, 18 July 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office

11:30 am

Mr. Declan Lavelle:

We tend to avoid that approach. In other words, we look primarily at rental information. It really would be a last resort for one to start to look at a capital transaction and make an attempt to annualise that because yields are quite variable at present.