Dáil debates

Wednesday, 17 December 2008

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage

 

6:00 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

I ask the Minister about section 380R(6), which provides that the market value of the whole or part of establishment land means the price that whole or part might reasonably be expected to fetch on a sale on the open market if the old installation was removed. In the context of current market values, what exactly does that mean? What values and dates are we considering? Some of these developments changed hands at the height of the property bubble and their value could reasonably be expected to be considerably lower.

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