Oireachtas Joint and Select Committees

Thursday, 18 October 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Governance and Regulation of Receivers: Discussion

9:30 am

Mr. Seamus Carroll:

If I may, I will jump in first to add to what I said earlier. Where a receiver is appointed under the Land and Conveyancing Law Reform Act, there is a statutory instrument from 2010, SI 655, which specifies that the rate of commission of the receiver may not exceed 5% of the gross amount of money received by the receiver. The 5% limit is in place where the receiver is acting under the land law provisions.

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