Regulator fails to fine businesses who break lease data law since given power in 2011 act

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Around one in four businesses taking out commercial leases are failing to provide their details to a state database

Around one in four businesses taking out commercial leases are failing to comply with the law on providing their details to a state database. The database was set up in 2012 to allow businesses to compare rents for properties and land in a particular area before they negotiated with landlords.

The Property Services Regulatory Authority , which runs the database, has the power to impose fines of up to €5,000 for failing to supply details ...

 

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