Seán Ó Fearghaíl (Kildare South, Fianna Fail)
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Question 115: To ask the Minister for Justice, Equality and Law Reform his views on correspondence from a company (details supplied); and if he will make a statement on the matter. [46419/09]

Dermot Ahern (Louth, Fianna Fail)
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As the Deputy will be aware, the correspondence in question relates to S.I. No. 471 of 2009 which specifies that Section 132 of the Land and Conveyancing Law Reform Act 2009 will come into force on 28 February 2010. The making of that S.I. follows on from repeated undertakings given by me concerning my intention to commence the section once an appropriate period of time had passed. This was to enable the market to factor in the very significant changes which were being introduced on foot of the section.

The Section 132 provision was introduced to encourage a more equitable and flexible approach to rent review clauses which, traditionally, have been of the upward only variety. I have noted the various points made in the correspondence to which the Deputy refers and I would not share the analysis which is contained therein.