Michael Finneran (Roscommon-South Leitrim, Fianna Fail)

I move amendment No. 96:

In page 65, line 8, to delete "may" and substitute "shall".

Section 57 deals with the establishment and objects of the management company which is a cornerstone of the apartment sales scheme. Provided that the provisions of section 56(5) have been complied with the housing authority must establish a management company for the designated apartment complex. The reference to "may" in the Bill as currently drafted implies that the housing authority has some discretion in this matter. The amendment makes it clear that once the previous steps in the process have been taken the establishment of a management company is mandatory on the authority.

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