Simon Coveney (Cork South Central, Fine Gael) | Oireachtas source

No. I am making this change for the purposes of ensuring there is no confusion. I have said consistently that I am keen to ensure people in Dublin who are facing rent reviews in January and February will not have to contend with increases of 15% or 20%. Under this legislation, it will not be possible for their rent reviews to result in increases of more than 4%. That was always the intention and it is still the intention. The maximum annual rent increase they will face thereafter will also be 4%, as long as the rent pressure zone designation remains intact. This amendment to our amendment deals with and clarifies the issue.

See this speech in context