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Irish Companies (Real Estate Ownership)

Volume 531: debated on Monday 26 July 1954

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asked the Attorney-General what further action he proposes to take arising from a recent judgment that companies registered in Eire cannot legally own real estate in Great Britain without a licence from the Crown.

The implications of this judgment are being studied. I am not yet in a position to make a statement.

Is the Attorney-General aware that when the Crown takes over all the properties in Brixton and elsewhere which are illegally owned by these Irish companies, it will go a long way towards smashing the Eire property racket, operated in the name of D. Brady? Will the right hon. and learned Gentleman make it clear that in the light of the judgment of the Court of Appeal on 16th June occupiers of these properties are no longer liable for any payment whatever to these Irish companies?

The hon. and gallant Gentleman must himself give them advice if he thinks that desirable. I am waiting until I have had a full study of the matter.