Seanad debates
Tuesday, 10 December 2002
Planning and Development (Amendment) Bill, 2002: Second Stage.
These changes to Part V are all about delivery of housing more quickly and efficiently. The new provision will not lessen the obligation on developers. Any agreement under the Bill must result in a contribution of an equivalent monetary value to the reservation of land within the development. In practice this means the equivalent of whatever the local authority would have saved if it was acquiring the land within the development at existing use value instead of market value. Any alternative arrangement must be of equal benefit.
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