Brian Lenihan Jnr (Dublin West, Fianna Fail)

No. It is an entire liability which is deferred under the operation of this section. The fact that the rate increased this year means it is at the higher rate, which can happen in any financial legislation. The fundamental point is that the landowner who happens to be a farmer can defer his liability under this section. I am advised that the rate of tax does not affect the amount of compensation.

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