Dáil debates
Thursday, 23 October 2008
Local Authority Housing.
4:00 pm
Ciarán Lynch (Cork South Central, Labour)
I am uncertain as to what the Minister of State has just stated, because the legislation, which I have to hand, states that local authorities will be getting into the business of establishing management companies. To push out the question further, will such management companies engage with matters such as the rental accommodation scheme? I can envisage a scenario in which local authorities would operate management companies were the sale of flats scheme to be rolled out as there would be a need for them in such circumstances.
However my question is simple. The legislation states the Government will facilitate a scenario in which local authorities will get into the business of running management companies. If my interpretation is correct, this is more likely to take place in the rental accommodation sector. This will create three outcomes. The first is an additional——
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