538. Deputy Pearse Doherty asked the Minister for Justice and Equality following the enactment of the Irish Bank Resolution Act 2013 and its provision to suspend property rights in the common good, and in view of a raft of recent examinerships in which reductions in commercial rents in so-called Upward Only Rent Review leases to market levels, have led to several high-profile businesses being saved, if he has considered consulting with his colleagues to re-examine the possibility of abolishing UORR leases; and if he will make a statement on the matter. [24131/13]

Summary

538. Deputy Pearse Doherty asked the Minister for Justice and Equality following the enactment of the Irish Bank Resolution Act 2013 and its provision to suspend property rights in the common good, and in view of a raft of recent examinerships in which reductions in commercial rents in so-called Upward Only Rent Review leases to market levels, have led to several high-profile businesses being saved, if he has considered consulting with his colleagues to re-examine the possibility of abolishing UORR leases; and if he will make a statement on the matter. [24131/13]

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• Commercial Rent Reviews

  xml · EN · 21 May 2013

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