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Dáil Éireann debate -
Wednesday, 8 Dec 1976

Vol. 295 No. 2

Written Answers. - County Dublin Property.

65.

asked the Minister for Lands if the allocation referred to in a reply of 25th November 1976 attracted a State subsidy; and, if so, (a) the amount of the subsidy (b) the annuity payable prior to sub-division in November 1975 (c) the annuity payable subsequent to sub-division in November 1975 (d) the period in respect of which the original annuity was payable (e) the extent to which a subvention from public funds was paid in respect of this allocation (f) the amount of the clawback, if any, authorised by the Land Commission under the consent (g) the approximate value of the land when first allocated and (h) the approximate present value.

As particulars of the price charged for land allotted by the Land Commission and details in regard to its repayment are confidential matters as between the Land Commission and the individual allottees concerned, I am precluded from furnishing the detailed information requested. The allotments on this estate, including this 4½ acre parcel, qualified for the standard 50 per cent reduction in payments under the Land Act, 1933, then generally obtaining and to that extent there is a subvention herein from public funds. As the estate concerned was purchased for 6 per cent Land Bonds, the annuities on the allotments made thereon would run for 54½ years. There is no question of imposing a clawback in connection with the granting of consent to sub-division. As regards the value of the land concerned, all I can tell the Deputy is that it has, of course, appreciated in value in line with increased land prices generally throughout the State.

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