Mick Wallace (Wexford, Independent) | Oireachtas source

When we were building apartment complexes we set up management companies. The idea was to operate them for as long as we could following which the owners of the apartments would take them over. That has been the process for a number of years. The level of trouble coming down the tracks in regard to management companies in Dublin is frightening. There are huge problems with them. People who have become voluntary directors on these management companies do not know what they signed up for but will find out when they end up in court.

Would it be possible to provide that people intending to take up positions as voluntary directors on management companies attend, perhaps, a one-day course in regard to the responsibilities involved and the pitfalls in that regard? I do not believe the people signing up to these management companies fully understand what they are letting themselves in for.