Dáil debates
Wednesday, 8 November 2006
Social and Affordable Housing.
1:00 pm
Noel Ahern (Dublin North West, Fianna Fail)
As the Deputy said, since 2002, cash represents one method by which a developer can fulfil his legal obligations under Part V. As we discussed last week, up to the end of June €38 million was contributed in that way. I made it clear last week and do so again today that without these cash payments 12% or 14% would be added to the output. It is not a case of cash representing half of the business so to speak.
No comments