Dáil Éireann Debate, Tuesday - 4 April 2017
425. Deputy Dessie Ellis asked the Minister for Public Expenditure and Reform his plans under section 31 of the State Property Act 1954, to waive property at a site owned by a dissolved company (details supplied). [16790/17]
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 and was also the subject of a recent PQ from Mr. Noel Rock T.D. on 15th February 2017. I have not, to date, received an application to waive the property referred to, but I will give due consideration to any application made.
