Michael Ring
Question:216. Deputy Michael Ring asked the Minister for Education and Skills if will relinquish a long-term lease held on a property (details supplied); and if he will make a statement on the matter. [19632/16]
View answerTuesday, 5 July 2016
Questions (216)
Written answers
This building referred to by the Deputy is not in my ownership, and in common with other buildings of its kind, where significant grant aid is provided by the Department for the development of school premises, investment is secured by way of a long-term legal agreement known as a charging lease.
In circumstances where a property has ceased to be used as a school, and a request is received to release the State's interest secured under a charging lease, such requests are considered in the context of the specific circumstances which pertain to the individual property.
Officials from my Department are currently considering the request received in respect of the property referred to by the Deputy and will be in contact with the relevant property owners shortly.