Dáil Éireann Debate, Wednesday - 15 February 2017
176. Deputy Noel Rock asked the Minister for Public Expenditure and Reform if he will fast-track the purchase of land (details supplied) from his Department by Fingal County Council and allow the land to be better utilised; and if he will make a statement on the matter. [7571/17]
Amharc ar fhreagraUnder Section 28(2) of the State Property Act, 1954, land vested in or held in trust for a body corporate immediately prior to its dissolution, (other than land held by such body in trust for another person) becomes property of the State in the person of the Minister for Public Expenditure and Reform. The interest acquired by the Minister is described as a defeasible interest as it may be defeated by restoration of the company up to 20 years after dissolution. I as Minister for Public Expenditure and Reform have the discretion, under Section 31 of the State Property Act 1954, to waive property that has devolved to the State under Section 28 if I believe it is proper to do so having regard to all the circumstances of the case.
The land referred to by the Deputy is registered to a company that has been dissolved since 2011. If Fingal County Council wish to have the property referred to waived to them then an application for waiver should be made. The waiver application must be accompanied by a standard set of supporting documentation. The property may be waived to Fingal Council, if having regard to all the circumstances of the case, it is deemed proper to do so.
