Seán Haughey (Dublin North Central, Fianna Fail)
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Question 341: To ask the Minister for Justice, Equality and Law Reform if he will introduce regulation of managing agents of apartment developments; and if he will make a statement on the matter. [36497/05]

Michael McDowell (Dublin South East, Progressive Democrats)
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In its report that was published recently, the auctioneering and estate agency review group recommended that all auctioneering, estate agency, property letting and property management agencies be licensed and regulated by a new regulatory authority.

Following Government approval, my Department is preparing legislation to give effect to the new property services regulatory authority. In the interim, I am proceeding with arrangements to facilitate the establishment of the new authority at an early date. The new authority will be responsible for the licensing and regulation of a range of property services including property letting and property management agencies.