Oireachtas Joint and Select Committees
Thursday, 10 October 2024
Public Accounts Committee
Financial Statements 2023: Land Development Agency
9:30 am
Brian Stanley (Laois-Offaly, Sinn Fein)
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I know. That is the amount that has to go in on the first day. Mr. Coleman is ignoring the fact that 30% is borrowed through the State equity piece. If Joe Bloggs buys and wants to sell the house, that 30% has to be paid back. Mr. Coleman and I know that. It will be on the title deeds that the lien is on the property and cannot be removed. The transfer of that property is dependent on that being cleared.