Wednesday, 18 May 2005
Noel Ahern (Minister of State, Department of Community, Rural and Gaeltacht Affairs; Dublin North West, Fianna Fail)
Apartment complex management companies are generally constituted as companies under the Companies Acts and are required to comply with the provisions of company law, which is a matter for the Minister for Enterprise, Trade and Employment. The operation of such companies under their relevant memorandum and articles of association, including the employment of any property manager or management entity, is a matter for their members, who are the owners of the properties in the developments to which they relate.
Arising from a commitment in An Agreed Programme for Government, a Law Reform Commission working group is examining the law on the management of apartment complexes and other multi-unit developments. The group's report is being drafted. The Law Reform Commission has already suggested to the company law review group, under the aegis of the Department of Enterprise, Trade and Employment, certain modifications in the application of general company law requirements to management companies for multi-unit developments. These or any further proposals for legislative changes in this area arising from the Law Reform Commission review will be a matter for consideration by the Government.