Written answers
Tuesday, 12 April 2011
Department of Justice, Equality and Defence
Commercial Rent Review
9:00 pm
Joe McHugh (Donegal North East, Fine Gael)
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Question 283: To ask the Minister for Justice and Equality when he will address the matter of upward-only rent reviews; and if he will make a statement on the matter. [7345/11]
Alan Shatter (Dublin South, Fine Gael)
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Section 132 of the Land and Conveyancing Law Reform Act 2009 prohibits upward only rent reviews in respect of leases entered into after 28 February 2010. As regards leases which existed prior to that date, the Programme for Government indicates that legislation will be introduced to end upward only rent reviews for such leases. I am in consultation with the Attorney General with a view to progressing this matter as expeditiously as possible.
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