Dáil debates
Friday, 16 December 2016
Planning and Development (Housing) and Residential Tenancies Bill 2016 [Seanad]: Report Stage (Resumed)
7:05 pm
Séamus Healy (Tipperary, Workers and Unemployed Action Group) | Oireachtas source
I move amendment No. 80:
In page 38, between lines 17 and 18, to insert the following:"Restriction on termination of tenancies of buy-to-let dwellings34.The Residential Tenancies Act 2004 is amended by inserting the following section after section 34:"Restriction on termination of tenancies of buy-to-let dwellings34A.(1) A Part 4 tenancy may not be terminated by the landlord on the ground specified in paragraph 3 of the Table to section 34 where the property to which the tenancy agreement relates is the subject of an existing investment mortgage.
(2) Subsection (1) applies to all tenancies, including a tenancy created before the coming into operation of this section.
(3) Where, immediately before the coming into operation of this section, a notice of termination has been served on a tenant in reliance upon a ground provided for in paragraph 3 of the Table to section 34, section 34 shall continue to apply to that notice as if this section had not been enacted.
(4) In this section, 'investment mortgage' means a mortgage which has been taken out as security in respect of a residential property that was not at the time of its purchase intended to serve as the principal private residence of the mortgagee, and is subsequently the subject of a tenancy agreement.".".
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