Finian McGrath (Dublin North Central, Independent)
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Question 172: To ask the Tánaiste and Minister for Justice, Equality and Law Reform the situation regarding the issue of rogue estate agents and the role of the ombudsman; and if there are plans for new legislation on this issue. [40336/06]

Michael McDowell (Dublin South East, Progressive Democrats)
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I can inform the Deputy that the auctioneering profession is currently regulated under the Auctioneers and House Agents Acts 1947 to 1973. Following from the recommendations of the Auctioneering/ Estate Agency Review Group, work is underway on new legislation, the Property Services Regulatory Authority Bill, which will modernise the regulatory framework in this area and extend it to management agents. Pending enactment of this new legislation, I have put in place an Implementation Group for the National Property Services Regulatory Authority and charged it with making arrangements for the early establishment of the Authority and its structures.