Oireachtas Joint and Select Committees
Thursday, 24 February 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Residential Tenancies Board - Financial Statements 2020
9:30 am
Mr. Niall Byrne:
My understanding is there are a variety of practices on this. In some countries there are deposit holding arrangements in place, sometimes by statutory bodies or sometimes by some kind of insurance or bonding arrangement. There are different mechanisms in the UK on this. It varies and I do not think there is any one accepted best practice on it. In some places, it is not a feature of their scheme.
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