Cian O'Callaghan (Dublin Bay North, Social Democrats)
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227. To ask the Minister for Housing, Planning, and Local Government if his attention has been drawn to the liquidation of a company (details supplied) that has left a significant number of persons without their deposits being refunded; the steps he will take in relation to the matter; and if he will make a statement on the matter. [58326/21]

Darragh O'Brien (Dublin Fingal, Fianna Fail)
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The Residential Tenancies Acts 2004-2021 regulate the landlord-tenant relationship in the private rented residential sector and set out the rights and obligations of landlords and tenants. The Residential Tenancies Board (RTB) was established as an independent statutory body under the Acts to operate a national tenancy registration system and to resolve disputes between landlords and tenants in a quasi-judicial manner.

Due to the quasi-judicial nature of work of the RTB, it would be inappropriate for me as Minister or this Department to comment on, or to intervene in the specifics of any individual cases.

The Deputy may wish to contact the RTB directly at OireachtasMembersQueries@rtb.ie to establish the extent to which it may hold the information sought.

Section 7 of the Residential Tenancies (No. 2) Act 2021 inserts a new section 19B into the Residential Tenancies Act 2004 which applies to tenancies created on or after 9 August 2021, to restrict the total amount that a tenant is required to pay to a landlord by way of a deposit or an advance rent payment to secure a tenancy to no more than the equivalent of 2 months’ rent (i.e. any deposit cannot exceed 1 month’s rent and any advance rent payment cannot exceed 1 month’s rent). A restriction of the equivalent of 1 month’s rent is also placed on the amount that a tenant is obliged to pay as a regular advance rent payment to a landlord during a tenancy.