Paschal Donohoe (Dublin Central, Fine Gael)
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Question 111: To ask the Minister for Justice and Equality the regulatory framework in place to deal with gold for money shops, particularly in relation to the recycling of stolen goods; and if he will make a statement on the matter. [8851/11]

Alan Shatter (Dublin South, Fine Gael)
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The Deputy will be aware that there has been a significant increase in the number of outlets offering to buy gold for cash in towns and cities in the State. I am aware that the trade gives rise to concerns reported in communities about crime that may be linked to the cash for gold trade. The informal purchase of jewellery is not specifically regulated in criminal legislation; however the circumstances under which jewellery is being bought and/or sold may indicate the commission of certain offences, for example handling stolen property and/or possession of stolen property under sections 17 and 18 of the Criminal Justice (Theft and Fraud Offences) Act, 2001.

My Department is currently finalising a report on the Cash for Gold trade and, in this context, has been in close contact with the Commissioner of An Garda Síochána with a view to monitoring the position. I can inform the Deputy that the Commissioner has recently reported that all Cash for Gold premises in the State have been visited by an Garda Síochána and the operators have been made aware of their responsibilities and obligations with regard to purchasing gold and jewellery. In addition, contact information provided to operators will facilitate the reporting to the Garda Síochána of any suspicious activity. The Commissioner has also indicated that any new premises that may be identified will be visited by an Garda Síochána. Let me assure the Deputy that as soon as the report I have referred to is finalised and submitted to me, I will make an assessment as to what if any further action, legislative or otherwise may be required.