Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

I will. I have not heard it is happening. We will see.

In response to Deputy Wallace’s question on the house valuation, what Revenue says is that it is up to the householder to value the house and return it to Revenue. If the valuation is in its opinion honest, it will be accepted. Obviously, if an estate is one in which pyrite is present in many of the houses and that reduces the value even of houses that do not have a pyrite problem, that seems to be reasonable when one puts in a value. If any question arises, an explanation would be required. It is the same as what I said previously about houses that are subject to flooding that cannot get insurance. While they might be lovely houses to look at, they have a very low market value. The value that goes into the return is the honest opinion of what is the market value. It is only if it is totally out of line with everything else that Revenue will check it out. That is the position. Was another point raised?

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