Oireachtas Joint and Select Committees

Thursday, 11 April 2019

Select Committee on Housing, Planning and Local Government

Residential Tenancies (Amendment) (No. 2) Bill 2018: Committee Stage

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

Yes. There will be an extra burden on the RTB, partly due to the extra money that will be received from the registration of the tenancies but that is being provided for in the extra 67% we allocated in budget 2019 as part of a change in the management programme. We have done all this in lockstep with the RTB to ensure that it is aware of, and can manage, what is coming. On what is coming and when, about which Deputy Jan O'Sullivan inquired, if we get our timing right, everyone will go off on their J1 visas, or whatever they do as students, knowing that this will be the law of the land when they return. What will not be the law of the land on their return, however, are the registration changes, which will take effect in quarter 1 of 2020 because that will be when the RTB can accommodate annual registration of tenancies. While the tenancies will still have to be registered, and that will not change, the annual registration, the new fees and so on will not kick in until quarter 1 of 2020.

Comments

No comments

Log in or join to post a public comment.