Ciarán Lynch (Cork South Central, Labour)
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Question 513: To ask the Minister for Justice, Equality and Law Reform when he will introduce the governing legislation for management companies and appoint a regulator of management companies to regulate all management companies, oblige vendors to provide clear information about the levels, changes in fee levels and the duration of the management company contract, and compel service providers to give detailed invoices for services supplied. [24730/07]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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In December 2006, the Law Reform Commission published a Consultation Paper on Multi-Unit Developments which drew attention to a broad range of issues arising in relation to the governance and operation of such developments, including problems arising from the manner in which company law currently applies to property management companies. The Paper makes it clear that action to address these problems will be required across several policy fields, including company law, consumer protection law and the development of regulatory structures.

In recognition of the cross-cutting nature of many of the issues identified by the Law Reform Commission in its Paper, a high-level interdepartmental committee has been established to assist in the development of a coherent and comprehensive response to the problems arising in this area. A key task of this committee will be to identify the legislative and administrative actions to be taken in response to definitive recommendations for legislative reforms which, following a lengthy consultation process, will be set out in the Law Reform Commission's forthcoming Report on Multi-Unit Developments and to determine a timescale for their implementation. I expect that this Report will be published later this year.