Written answers
Thursday, 12 May 2011
Department of Justice, Equality and Defence
Commercial Rent Reviews
3:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Question 112: To ask the Minister for Justice and Equality his plans to address the issue of upward only rent reviews in existing commercial leases; and if he will make a statement on the matter. [11054/11]
Alan Shatter (Dublin South, Fine Gael)
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I refer the Deputy to my reply to Parliamentary Question No. 115 of 21 April 2011 which states:
As the Deputy will be aware, the Programme for Government indicates that legislation will be introduced to end upward only rent reviews for existing leases. I am in consultation with the Attorney General with a view to progressing this matter as expeditiously as possible. That consultation will, of course, take account of all relevant factors which pertain to this matter.
The position is unchanged since then.
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