419. Deputy Seán Kyne asked the Minister for Justice, Home Affairs and Migration further to Parliamentary Question No. 617 of 30 June 2026, with regard to the Multi Use Development Act 2011, whether the company that owns the common areas is, by law or regulation, required to act in the capacity of an owner management company, or whether it is obliged to do so upon the request of the owners of the individual units; and if he will make a statement on the matter. [54555/26]

The principal objective of the Multi-Unit Developments Act 2011 is to ensure the transfer of common areas of the development to the owners management company (OMC), and to facilitate the fair and effective management of the OMC. The Act promotes transparency, accountability and fairness.

Section 17 of the Act imposes obligations on OMCs. Specifically, it provides that OMCs must prepare an annual report and hold a meeting at least once a year to consider the report. That report must contain details of the annual service charges as well as planned expenditure on maintenance and repair, insurance cover, and contracts entered into by the company.

Section 18 of the Act provides that OMCs have the responsibility for setting the annual service charge for their development. It must be calculated on a transparent basis and be apportioned equitably between unit owners. The service charge must be approved at a meeting of the unit owners. The Act obliges each unit owner to pay the annual service charge which has been approved in this manner.