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
Eoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source
I support Deputy Darragh O'Brien's amendment. I understand fully the complexities of the creation of this scheme but it would assist the RTB greatly in reducing that bit of its dispute backlog. It would also generate revenue. The interest would be a considerable sum if the RTB were to be the holder of all of these deposits in its account. There would, therefore, also be a financial return for the RTB, as well as a reduction in its administrative burden. I know it is beyond the scope of this legislation. Deputy Darragh O'Brien's amendment is a good one. It is just asking the Minister to go away and then come back to us to outline when it is intended to do something the Oireachtas has already decided should be done.
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