Written answers

Tuesday, 25 May 2010

2:30 pm

Photo of Thomas ByrneThomas Byrne (Meath East, Fianna Fail)
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Question 118: To ask the Minister for Finance the position regarding his interest in the property of a dissolved company which has a burden registered on a property (details supplied); if he will execute a discharge of the said burden; and if he has instructed the Chief State Solicitor in this matter. [21392/10]

Photo of Martin ManserghMartin Mansergh (Tipperary South, Fianna Fail)
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The Commissioners of Public Works on behalf of the Minister for Finance are responsible for the management of property under Sections 28, 29, 30 and 31 of the State Property Act; as a result of companies being dissolved either voluntarily or as a result of being struck off the Companies Register, the assets of the company become vested in the Minister for Finance. Following advice from the Commissioners of Public Works in the matter, the Minister for Finance can, if appropriate, waive his interest, in property under Section 28 of the Act. The application to the Minister to waive his interest on this particular case was submitted directly to the Chief State Solicitor's Office. The Chief State Solicitor's Office are currently investigating the matter, and the Commissioners of Public Works await legal advice in this regard.

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