Seanad debates

Wednesday, 28 June 2006

National Sports Campus Development Authority Bill 2006: Committee Stage.

 

7:00 pm

Photo of Brendan RyanBrendan Ryan (Labour)

That is not what I asked the Minister. Does "commercial" mean the developments mentioned in section 7(2)(a) would have to be entirely self-financing? For instance, would the developers have to include the cost of the site in their budgets? Would they pay the market value for the site and fund the capital cost or would such projects be regarded as commercial as long as revenue exceeded expenditure? Perhaps a definition of "commercial" should be inserted, otherwise it is up to the campus authority to decide what is meant by it. I hope the Minister might clarify that.

Comments

No comments

Log in or join to post a public comment.