Written answers

Thursday, 2 July 2009

Department of Environment, Heritage and Local Government

Local Authority Housing

Photo of Aengus Ó SnodaighAengus Ó Snodaigh (Dublin South Central, Sinn Fein)
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Question 146: To ask the Minister for the Environment, Heritage and Local Government if the provision in the Housing (Miscellaneous Provisions) Act 2009 which will allow local authority mortgage holders to re-mortgage without triggering the clawback will come into effect immediately; if additional regulations will be needed; if so, when he expects these regulations to come into effect; and if he will make a statement on the matter. [26902/09]

Photo of Michael FinneranMichael Finneran (Roscommon-South Leitrim, Fianna Fail)
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The provisions contained in the Housing (Miscellaneous Provisions) Bill 2008, that will facilitate persons in affordable housing wishing to re-mortgage with a private lender, will take effect on its enactment and subject to a Ministerial order commencing the relevant provisions.

The commencement order will be made as soon as possible following due consideration and discussions with participating lenders and local authorities on the detailed arrangements for operating the process.

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