Seanad debates
Wednesday, 2 October 2013
Upward Only Rent (Clauses and Reviews) Bill 2013: Second Stage
3:30 pm
Michael Ring (Mayo, Fine Gael) | Oireachtas source
Senators will be aware that the Government announced in December 2011 that it had decided not to proceed with legislation to abolish upward only rent reviews. It will be recalled that the proposals which were brought before Government at that time had the particular aim of providing relief for tenants whose businesses might otherwise be viable were it not for the adverse impact arising from the fact that the rent they were paying was significantly above prevailing market levels.
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