Dáil debates
Thursday, 5 November 2009
National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage
11:00 am
Brian Lenihan Jnr (Dublin West, Fianna Fail)
-----where there is an insurance bond, which the developer normally must have entered with the local authorities, as an aspect of good local authority practice. If it is a dereliction on the part of the local authorities, that is a serious matter. From my experience, local authorities have these bonds, which are issued by insurance companies and which assure the completion of these developments.
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