Brian O'Shea (Waterford, Labour)
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Question 151: To ask the Minister for Finance the position regarding the implementation of an agreement made between the State and a person (details supplied) in County Waterford; and if he will make a statement on the matter. [42611/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The agreement to which the Deputy refers has been in operation in a formal, legal sense since August 1979. The property in question was placed in the ownership of a Trust at that time. The Commissioners of Public Works, in a corporate capacity, are one of the trustees. The Trust, however, has not had an involvement in the day-to-day operation and management of the property, and the original owner or settlor has continued to be responsible for the care and maintenance of the property, including its employees, up to the present time.

Under the terms of the Trust, the property will come into the absolute ownership of the State some 21 years after the death of the settlor. The Office of Public Works has been involved in discussions with the settlor and his representatives recently to try and agree arrangements for the management of the property following his death. The matter is still under consideration.