Terence Flanagan (Dublin North East, Fine Gael)

I move amendment No. 19:

In page 7, between lines 18 and 19, to insert the following:

"(2) On closing of a unit sale prior to completion of the development, the developer should pay 5 per cent of the purchase price to the owners management company which should hold this sum in trust until the development is satisfactorily completed.".

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