Dermot Ahern (Louth, Fianna Fail)

I move amendment No. 5:

In page 5, after line 47, to insert the following:

"(6) Subject to any order made by a court pursuant to section 21, nothing in this Act relating to—

(a) the obligation to transfer the ownership of the common areas of a multi-unit development or a relevant part of such common areas to the owners'management company concerned,

(b) the obligation to establish an owners' management company as respects that development, or

(c) the structure or conduct of the affairs of an owners' management company,

shall be construed as preventing compliance with that obligation by the establishment of different owners' management companies in respect of different parts of the multi-unit development or by the transfer to such companies of the ownership of such parts of the development.".

I have tabled this amendment to avoid possible confusion concerning the impact of the Bill on multi-unit developments which may have different owner-management companies in respect of different parts of a development. It clarifies that the Bill does not require that only one owner-management company be established for a development and that the provisions of the legislation may be complied with if there is more than one owner-management company.

Amendment agreed to.

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