Seanad debates

Wednesday, 18 September 2013

3:10 pm

Photo of Feargal QuinnFeargal Quinn (Independent) | Oireachtas source

I wish to propose an amendment to the Order of Business, namely, that No. 14 be taken before No. 1. This refers to the new Upward Only Rent (Clauses and Reviews) Bill 2013, which I hope will be passed. We have been saddened to see throughout the country thriving successful properties, in particular businesses in the retail trade, which have failed, not on account of any failure on the part of the operators but because before 2009 they had signed up to upward-only rent reviews. These are putting the shops in question out of business. Prior to the last election most members of the Government parties said they would do something about this but they have not found a way. I believe a way has been found. We hope to introduce this Bill very shortly and I urge that we discuss it today.

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