John O'Mahony (Mayo, Fine Gael)
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Question 268: To ask the Minister for Public Expenditure and Reform when a development committee (details supplied) in County Mayo will receive their deeds of title; and if he will make a statement on the matter. [1124/12]

Brian Hayes (Dublin South West, Fine Gael)
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The Commissioners of Public Works on behalf of the Minister for Public Expenditure and Reform are responsible for the management of property under Sections 28, 29, 30 and 31 of the State Property Act.

Under the Act, when companies are 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 Public Expenditure and Reform. The Minister may, following advice from the Commissioners of Public Works and the Chief State Solicitor, waive his interest in these assets under Section 28 of the Act.

In this particular instance the applicant has requested that the Minister waive his interest in Barnacarroll & Cuiltibo Enterprises Ltd. In this regard the Chief State Solicitor is in correspondence with the applicant's solicitor.