Oireachtas Joint and Select Committees
Thursday, 13 October 2022
Public Accounts Committee
Business of Committee
9:30 am
Mr. Seamus McCarthy:
As I understand it, it has been agreed that at the end of the lease, there will be a period where no rent or a peppercorn rent will be paid. That, effectively, is the offset for the overmeasurement. The OPW will continue to pay under the existing lease terms and at the end of that it can stay on longer in the building at a peppercorn rent for a period.
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