OMC Directors & Governance

For the volunteers running Ireland’s apartment blocks: your duties under two Acts, your protections, and the annual rhythm that keeps both.

Nobody becomes an OMC director for glory: you volunteered because the block needed someone, and discovered you now direct a company governed by the Companies Act 2014 and the Multi-Unit Developments Act 2011 — with duties, filings and an AGM calendar nobody handed you. The good news: the role is entirely manageable with the right structure, and the volunteer board that runs its machinery is nearly untouchable. This page is the structure.

Mary Molloy Solicitors are solicitors, not accountants or tax advisers. Nothing on this page is tax, accounting or financial advice — engage your accountant on those questions, and both advisers together where matters straddle the line. Company law procedures, CRO practice and filing deadlines change frequently, and reform of the law governing owners’ management companies and charities is ongoing; confirm the current position before acting on anything here.

The Two Rulebooks

Companies Act 2014: section 228’s fiduciary duties (good faith, honest and responsible conduct, no conflicts, no personal use of company property or information), annual returns and the CRO relationship — where failure means strike-off and the chaos that follows (the strike-off file). MUD Act 2011: the s.17 annual report and members’ meeting; s.18 service charges approved by the members; the s.19 sinking fund; s.16’s three-year tenure ceiling; s.8’s information flows. Plain-English treatments: duties, liability and protection and the AGM obligations from the member’s side — worth reading precisely because your members will.

What We Do for Boards

  • The governance reset: AGM run properly, elections regularised under s.16, minutes and registers rebuilt, filings brought current — the package that converts an exposed board into a compliant one;
  • Arrears recovery: service charges pursued lawfully and proportionately — the board’s side of the service charge practice;
  • Agent contracts and oversight: the PSRA-regulated agent’s scope, cost and reporting defined — delegation of tasks, never of duties;
  • Member disputes: correspondence, mediation and s.24 defence run with the block’s survival in view;
  • Remediation-era governance: boards carrying defect scheme applications structured for the scrutiny that public money brings — with our construction practice alongside;
  • Reform-readiness: the coming Housing Agency regulation anticipated, not feared — compliant boards have nothing to fear from a regulator: what’s coming.

Running a Block on Goodwill and Guesswork?

One call converts it to goodwill and machinery. Governance resets, arrears, agents, member disputes - from the board's chair.

Call 01 5827148

Related Reading

OMC Governance - FAQs

Directorship of a real company under two Acts: the Companies Act 2014 (section 228 fiduciary duties, CRO filings, the full corporate framework) and the MUD Act 2011 (annual reports and meetings under s.17, service charge approval under s.18, the sinking fund under s.19, the 3-year tenure rule under s.16). It is genuinely more than most volunteers realise - and genuinely manageable once the annual rhythm is set up: the meeting, the report, the budget approval, the filings. Setting up that rhythm is exactly the work we do for boards.