Dáil
‹ Ceisteanna—Questions. Oral Answers. - Land Annuities Purchase. Western land annuity half-value option
Summary
Callanan said western farmers may be able to redeem annuities for half the land’s value and asked the Minister to verify it. The Minister agreed to make inquiries and report back.
The Minister should make inquiries about this. My understanding is that if farms purchased in the west cost £1,000 an acre the person who gets the land has the option to buy the land annuity at half the value?
Comment on this
That is what Deputy Kitt wants to know. This is my information and if I am wrong I would be delighted to know.