Seanad debates
Thursday, 20 November 2014
Valuation (Amendment) (No. 2) Bill 2012: Report and Final Stages
11:50 am
Feargal Quinn (Independent) | Oireachtas source
I thank the Minister of State for his explanation. I understand his concerns that profitability can depend on other items. I know, however, of a case where a property was valued in 2005 but its next revaluation will not take place until 2018. The world will change in that time and profitability could be a factor. However, I accept the danger of taking profitability as the only measurement could present difficulties. I hope the Minister of State will still consider my points before the Bill is taken in the Dáil.
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