Seanad debates
Wednesday, 10 March 2010
Multi-Unit Developments Bill 2009: Committee Stage
3:00 pm
Ivana Bacik (Independent)
The Labour Party considered that subsection (2) seemed to mean that while the developer was obliged to transfer title to common areas, he or she would retain the beneficial interest until the development was completed. Consequently, it seemed unnecessary. I have not examined how the Minister's amendment affects this point. I seek a response from the Minister as to whether it deals with the issue. I note it is also dealt with in section 9. However, subsection (2) appeared anomalous to me and the Minister should outline how his amendment affects this provision.
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