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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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