275. Deputy Clare Daly asked the Minister for the Environment, Community and Local Government noting that Homebond prior to the establishment of an insurance backed structural guarantee in 2008 collected significant funds, and now has a surplus of €25 million, and in view of the lapse since 2008 of elements having a five year guarantee that there will be no call on that surplus other than possibly isolated structural damage cases, his views on whether the Homebond surplus should be handed over to the Pyrite Resolution Board to fund remedial works on houses damaged by pyrite-induced heave which Homebond had guaranteed against major strucural damage prior to walking away from the so-called guarantee in 2011. [51811/13]

Summary

275. Deputy Clare Daly asked the Minister for the Environment, Community and Local Government noting that Homebond prior to the establishment of an insurance backed structural guarantee in 2008 collected significant funds, and now has a surplus of €25 million, and in view of the lapse since 2008 of elements having a five year guarantee that there will be no call on that surplus other than possibly isolated structural damage cases, his views on whether the Homebond surplus should be handed over to the Pyrite Resolution Board to fund remedial works on houses damaged by pyrite-induced heave which Homebond had guaranteed against major strucural damage prior to walking away from the so-called guarantee in 2011. [51811/13]

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• Pyrite Remediation Programme

  xml · EN · 3 December 2013

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