The indemnity agreement provided that the property contribution of the congregations was to be divided into two separate and distinct schedules of properties as follows. First, properties to be transferred from the congregations to the State, State agencies and local authorities after the date of the signing of the indemnity agreement on 5 June 2002. The total value of these property transfers for the purposes of the indemnity agreement was to be €36.54 million. I can confirm that agreement in principle has been reached with the religious congregations on the transfer of 35 properties to the amount of €38.28 million. This figure of €38.28 million includes €4.98 million in cash that was provided by the congregations in lieu of property. Second, regarding properties transferred from the congregations to the State, State agencies, local authorities or voluntary organisations between 11 May 1999 and the date of the signing of the indemnity agreement on 5 June 2002, the total value of these property transfers for the purposes of the indemnity agreement was to be €40.32 million. I can confirm that, at this stage, transfers of 27 properties to the value of approximately €32.93 million have been agreed in principle.
One further property was under consideration by my Department but this has now been declined and the congregations have been informed of the decision. My Department has written to CORI suggesting they should now consider offering a cash sum in order to finalise the property aspect of the agreement. My Department is awaiting a response to this letter. Arrangements for the final valuation and legal transfer of these properties are the responsibility of the individual transferees. My Department will continue to liaise with the various transferees to ensure that all properties on which agreement in principle has been reached are legally transferred.
The list of properties accepted to date will be circulated.