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Dáil
‹ Order of Business

Upward-only rent reviews

Summary

Timmy Dooley asks when promised legislation will prohibit upward-only commercial rent reviews; the Tánaiste cites legal advice and the Government’s position in the Budget.

The Tánaiste's party in opposition made a great deal of the concerns of small and medium-sized enterprises and the impact the lack of change to upward only rent reviews was having on them. The party promised to bring legislation to outlaw upward only rent reviews before the House when it got into government. When does he expect to do that?

Comment on this

The Government is pursuing a programme to provide support for small and medium-sized businesses and that includes the setting of lending targets by the banks and a variety of ways in which credit can be extended to them to enable them to create jobs, to which I referred earlier. The Minister for Finance, in his Budget Statement, set out the Government position on legislation relating to upward only rents based on advice from the Attorney General.

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