Dáil Éireann - Volume 677 - 11 March, 2009

Written Answers. - Estate Management.

Deputy Bernard J. Durkan asked the Minister for the Environment, Heritage and Local Government if his attention has been drawn to the unprecedented growth in estate management companies and the tenuous legal basis on which some such companies are imposing financial burdens on residents; and if he will make a statement on the matter. [10474/09]

  Deputy Michael Finneran: My Department has no function in relation to the operation of estate management companies. These companies, comprising of the owners of dwellings, are generally constituted under the Companies Acts and are required to operate in compliance with company law and their own Memorandum and Articles of Association.

Similarly, my Department does not maintain any statistics regarding management companies; instead, the Companies Registration Office is the central repository of public statutory information on Irish companies and is the statutory authority for registering new companies.

Both the Companies Registration Office and the operation of companies in compliance with company law come within the area of responsibility of the Minister for Enterprise, Trade and Employment.

The Government has recently approved the drafting of the general scheme of the Multi-Unit Developments Bill 2009, which will address a range of matters arising from the Law Reform Commission’s Report of June 2008. The Department of Justice, Equality and Law Reform has the lead role in progressing the Multi-Unit Developments Bill 2009, with input from the Department of Enterprise, Trade and Employment and my Department as necessary.