Written answers
Tuesday, 6 October 2009
Department of Justice, Equality and Law Reform
Commercial Leases
9:00 pm
Joe Behan (Wicklow, Independent)
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Question 629: To ask the Minister for Justice, Equality and Law Reform the reason for the delay in the introduction of the ban on upward only commercial rent reviews as provided for in the Land and Conveyancing Law Reform Act 2009; and if he will make a statement on the matter. [33513/09]
Ciarán Cuffe (Dún Laoghaire, Green Party)
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Question 633: To ask the Minister for Justice, Equality and Law Reform when the provision relating to the prohibition of so-called upward only rent review clauses in commercial leases, as contained in the Land and Conveyancing Law Reform Act 2009, will become legally operable. [32950/09]
Dermot Ahern (Louth, Fianna Fail)
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I propose to takes Questions Nos. 629 and 633 together.
When Section 132 of the Land and Conveyancing Law Reform Act 2009 was brought forward in July, I made it clear that an appropriate period of time would be needed to allow the market to factor in the very significant changes which were being introduced. That remains the position. While I have taken no final decision on a commencement date, I would note that the section will not be commenced before 1 December at the earliest as that is the date which has been chosen for other sections in the Act.
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