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Commercial Rent Review

Dáil Éireann Debate, Tuesday - 12 April 2011

Tuesday, 12 April 2011

Ceisteanna (264)

Joe McHugh

Ceist:

283 Deputy Joe McHugh asked the Minister for Justice and Equality when he will address the matter of upward-only rent reviews; and if he will make a statement on the matter. [7345/11]

Amharc ar fhreagra

Freagraí scríofa

Section 132 of the Land and Conveyancing Law Reform Act 2009 prohibits upward only rent reviews in respect of leases entered into after 28 February 2010. As regards leases which existed prior to that date, the Programme for Government indicates that legislation will be introduced to end upward only rent reviews for such leases. I am in consultation with the Attorney General with a view to progressing this matter as expeditiously as possible.

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