Written answers
Tuesday, 17 November 2009
Department of Environment, Heritage and Local Government
Departmental Agencies
10:00 pm
Terence Flanagan (Dublin North East, Fine Gael)
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Question 374: To ask the Minister for the Environment, Heritage and Local Government if the long-term economic value methodology used by the Dublin Docklands Development Authority in its annual report will be allowed to be used by other semi-State companies; and if he will make a statement on the matter. [41848/09]
John Gormley (Dublin South East, Green Party)
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I understand that the Dublin Docklands Development Authority secured valuations for its main property assets based on the long-term economic valuation approach set out in the draft National Asset Management Agency Regulations published in September; however, it is using "red book" valuations for valuing its assets in its 2008 Annual Accounts. The valuation of properties by other State agencies is a matter for the agencies concerned.
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