Michael Finneran (Roscommon-South Leitrim, Fianna Fail)

I do not know the amount of lands involved that will be transferred because it is a voluntary transfer from the local authorities. I can give the Deputy the figure for the amount of land currently owned by local authorities which is approximately €650 million nationally. Some local authorities may decide to transfer loans to the central agency. We are compiling that. We gave a date of the end of April to have their requests submitted. Some are still in discussions with our Department and we have not compiled the amount but I hope to have that information some time in the near future.

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