Mr. John McCarthy:

Historically when land was purchased for housing, and if go back to the early years of the noughties, it would have been purchased in the expectation that the land would have been developed within five to seven years. If a proposal had not come forward in five to seven years, the local authority would need to contact the Department because the rolled up interest aspect would have expired and it would have needed to agree either to bring forward a project or to agree a new funding arrangement. If the local authority used it for community purposes for playing fields, the only way in which it could do that is if it had another vehicle for financing it because the vehicle that was in place for it was purely a housing vehicle that would only recoup its costs if a housing project was brought forward on it.