Brian Ó Domhnaill (Fianna Fail)

Amendment No. 6 has been returned to the list of amendments. We discussed this matter on Committee Stage, when the Minister indicated a willingness to consider extending the five-year re-registration period. We are proposing that the period coincide with the lifetime of the property or last 40 years, whichever is shorter. If the period is five, six, seven or eight years, there inevitably will be re-registration fees. In addition, a registration certificate must be issued to the property and conveyancing issues will arise. For example, if a certificate of registration runs out in 2014 and one wishes to sell one's property at the end of 2013 or the beginning of 2014, the value of the property will be affected, as will the due diligence search in which the solicitor will engage. The Minister deliberated on this matter over the weekend. Has he a suggestion on how to get the result our amendment is trying to achieve?