The Gazette 1988

GAZETTE

DECEMBER 1988

In the Dail

COMP ANY SECRETAR I AL CONSUL TANT

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

PETER H. QUINLAN

MBA, AITA

For ORAL answer on Tuesday, 15th November, 1988.

OF F ERS

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.

A COMPLETE COMPANY SERVICE

A d v i ce on Corporate Procedures

D r a f t i ng of Resolutions and M i n u t es

A r r a n g eme nt of C o m p a ny Me e t i n gs Searches and Up d a t es of C o m p a ny Records

Difference £ + 661,980 + 332,091 + 513,729 + 157,226 - 150,000

Income £

Expenditure £

Year

Filing Returns and Other Comp l i a n ce

6,184,488 6 , 759 , 955 6,706,191 7,137,946 7 , 250 , 000

6 , 846 , 468 7 , 092 , 046 7,219,920 7,295,172 7,100,000

1984 1985 1986 1987

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