Billy Timmins (Wicklow, Fine Gael)
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Question 257: To ask the Minister for Finance the position regarding premises (details supplied) rented in view of the fact that the owners of some premises include developers who are in NAMA; and if he will make a statement on the matter. [1013/11]

Billy Timmins (Wicklow, Fine Gael)
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Question 258: To ask the Minister for Finance the position regarding leases on premises (details supplied) that are owned by developers who are in NAMA; and if he will make a statement on the matter. [1014/11]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I propose to take Questions Nos. 257 and 258 together.

Government Departments, Offices and Agencies lease premises primarily from the Office of Public Works but also from a range of landlord companies, some of whose loans may have transferred to NAMA. Where a lease has been signed, legally binding contractual obligations clearly come into existence. These obligations cannot unilaterally be set aside without creating a breach of contract.

Details about rent paid to individual landlords annually and details regarding the duration of individual leases cannot be divulged for reason of commercial sensitivity.