Written answers
Tuesday, 16 May 2006
Department of Enterprise, Trade and Employment
Departmental Correspondence
9:00 pm
Catherine Murphy (Kildare North, Independent)
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Question 286: To ask the Minister for Enterprise, Trade and Employment if there has been communication between his Department and the Office of Corporate Enforcement in the context of management companies or management agents of housing units; if so, if concerns have been raised; and if he will make a statement on the matter. [18407/06]
Michael Ahern (Cork East, Fianna Fail)
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I have neither received nor initiated any communication with the Office of the Director of Corporate Enforcement in the context of management companies or managements agents of housing units.
The Deputy will be aware that the Director of Corporate Enforcement is a statutory independent officer charged with the duty of encouraging compliance with and securing enforcement of the Companies Acts. In undertaking this function the Director and his staff have a legal obligation to observe a strict code of confidentiality. It is not therefore the practice of the Director to report to me on any individual case or issue, which is the subject of examination by his Office.
I am however aware from the Director's Annual Reports for 2003 and 2004 that his Office has had cause from time to time to intervene on behalf of members of management companies to remedy failures by the companies to call annual general meetings and to disclose their latest financial statements.
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