Dáil debates
Tuesday, 22 November 2011
Property Services (Regulation) Bill 2009 [Seanad]: Report and Final Stages
6:00 pm
Alan Shatter (Dublin South, Fine Gael)
What we are doing in this legislation is ensuring there is transparency with regard to rental payments being made in the commercial area and that there is a bank of reliable knowledge available in order that when discussions occur on rent reviews or when individuals are considering renting properties, there will be access to transparent and reliable information from which comparators can be taken as to the types of rental arrangements made. In a sense, this is a stand-alone provision that will be of relevance for the future. Consideration is being given by the Government to the advice on other legislation. The matter will be dealt with shortly and we will make an announcement thereafter.
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