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GAZETTE
DECEMBER 1988
In the Dail
Chun an Aire Dli agus Cirt :
To the Minister for Justice
Question: To ask the Minister for Justice if the Land Registry is
showing a financial surplus on its operation; and if he will consider
converting the Land Registry into an autonomous public
corporation.
-Pa t r i ck M. Cooney
For ORAL answer on Tuesday, 15th November, 1988.
A n s we r: The Land Registry fees
were last increased w i th effect
from 1st March 1984. The table
below sets out the income and
expenditure of the Land Registry
together w i th the difference in the
years since that increase.
As the Deputy is no doubt aware,
the Land Registry is required by law
to be self-supporting. The relevant
legislative provision is section 14(2)
of the Registration of Title Act
1964. Perhaps I ought to add that
the figures for " e x p e n d i t u r e"
shown in the table above do not
include any provision for the costs
incurred on the Vote for the Office
of the Minister for Justice in the
administration of the Land Registry.
Neither do t hey i nc l ude any
element for accommodation in the
Four Courts Complex. These would,
of course, have to be estimates.
Were they to be included the result
would be that deficits rather than
surpluses would have been incurred
in some of the years listed.
I have no plans for converting the
Land Registry into an autonomous
public corporation.
Year
Income
£
Expenditure
£
Difference
£
1984
6 , 846 , 468
6,184,488
+ 661,980
1985
7 , 092 , 046
6 , 759 , 955
+ 332,091
1986
7,219,920
6,706,191
+ 513,729
1987
7,295,172
7,137,946
+ 157,226
1988-Projected
7,100,000
7 , 250 , 000
- 150,000
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