284. Deputy Maureen O'Sullivan asked the Minister for Public Expenditure and Reform at the time when function transferred in July 2011 to him under the Ministers and Secretaries (Amendment) Act, 2011 and S.I. No. 418/2011 Finance (Transfer of Departmental Administration and Ministerial Functions) Order 2011, the estimated extent and value of property held by the State under these provisions for upwards of twenty years; and, since the effect of Section 28 is that the Minister does not hold the assets of dissolved companies as beneficial owner, but holds them in trust, if the dissolved company is restored to the Register of Companies within twenty years of the date of its dissolution, and its property is automatically restored to it, the arrangements that apply if the title is not restored to the company / corporate body; and if he will make a statement on the matter. [9604/13]

Summary

284. Deputy Maureen O'Sullivan asked the Minister for Public Expenditure and Reform at the time when function transferred in July 2011 to him under the Ministers and Secretaries (Amendment) Act, 2011 and S.I. No. 418/2011 Finance (Transfer of Departmental Administration and Ministerial Functions) Order 2011, the estimated extent and value of property held by the State under these provisions for upwards of twenty years; and, since the effect of Section 28 is that the Minister does not hold the assets of dissolved companies as beneficial owner, but holds them in trust, if the dissolved company is restored to the Register of Companies within twenty years of the date of its dissolution, and its property is automatically restored to it, the arrangements that apply if the title is not restored to the company / corporate body; and if he will make a statement on the matter. [9604/13]

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• State Properties

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