You will be aware that I have recently replied to Deputy Dan Neville T.D. on this matter also (PQ 45842/15 refers).
Section 28(2) of the State Property Act, 1954 provides for the personal property and land vested in or held in trust by a body corporate immediately prior to its dissolution (other than personal property or land held by such body upon trust for another person ) to become the property of the State, until such time as the company is restored to the Register or the Minister for Public Expenditure and Reform waives the interest vested in him. The Commissioners of Public Works in Ireland administer applications for waivers under the 1954 Act.
I am informed by the Commissioners that the company involved in the development of the housing estate at Cois na Féile was dissolved prior to the completion of the project. A previous application was received by the Commissioners from Clúid Housing, who own 12 units in the development, seeking a waiver of the common areas of the site to enable completion of the site works and related services. The waiver was granted to Clúid Housing in June 2015.
My officials inform me that Limerick City and County Council are engaging with them on the waiver process in relation to the remaining nine vacant properties, with a view to informing the most appropriate approach to be taken. The Chief State Solicitor's Office is being consulted on the matter.