Martin Cullen (Waterford, Fianna Fail)

Every unit built under this scheme – in other words, all 80,000 units – is subject to the levy. A receipt will issue from a local authority for each house built within its area to ensure there is transparency and accountability in respect of the money collected on each unit. This is also important from the purchaser's point of view. I have no doubt that a purchaser's solicitor will check that the levy has been paid in order to ensure that the purchaser will not have to pay it at a later date. The levy is ring-fenced into the housing fund in the local authority area.