Oireachtas Joint and Select Committees

Wednesday, 6 March 2019

Joint Oireachtas Committee on Housing, Planning and Local Government

Rebuilding Ireland - Action Plan for Housing and Homelessness: Discussion

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail) | Oireachtas source

I am conscious of time so my question will be really quick. I raised it with the Minister's officials. I acknowledge that the meeting last week in the Custom House was useful. I raised IORP II. The Minister mentioned long-term leasing. The question may not be for answer now. I am genuinely concerned that we are not seeking a derogation. There have been great successes with self-administered pension schemes and small schemes providing stable 20 or 25-year leases. I really believe IORP II will have an impact. It is not within the remit of the Minister for Housing, Planning and Local Government but pertains to the Department of Employment and Social Protection. I was surprised last week that there was not much engagement between the two Departments in this regard because I believe the measure will have an impact. That the Minister for Employment and Social Protection, Deputy Doherty, does not appear to be open even to considering a derogation of the kind sought under IORP I and that made sense will affect long-term leasing figures. I do not necessarily want the Minister for Housing, Planning and Local Government to respond now but I have a genuine concern.

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