Dermot Ahern (Louth, Fianna Fail)

Section 3 deals with developments in which some units have been sold but the development has not been completed. The words, "Except where the multi-unit development has been completed", in section 3(2) are superfluous and amendment No. 29 proposes to delete them. Amendment No. 30 proposes the deletion of subsection (2) from the section. As this would mean that the developer would no longer retain the beneficial interest for the purposes of completing the development, I am not prepared to accept the amendment. Section 9 requires the beneficial interest to be merged in the legal interest following completion of the development.