Oireachtas Joint and Select Committees

Thursday, 12 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Mr. Frank McDonald:

While I am not sure I would say it is unique, it is way behind what normally happens elsewhere. The whole business of designating land for the development of new towns is more or less along the lines of what Judge Kenny suggested in his report, namely, agricultural value plus a premium of 25%.