Incorrect identification as an Owners’ Management Company

An Owners’ Management Company (OMC) is a company established for the purposes of becoming the owner of the common areas of a multi-unit development, such as an apartment block.

An OMC is responsible for the management, maintenance, and repair of the common areas of the development. Membership of the OMC is made up of the owners of the homes and commercial units within the development.

Only an OMC, as defined in the Multi-Unit Developments Act 2011, should tick the relevant box provided in the Form A1 when Registering, and provided in the Form B1 when submitting its Annual Return.

Section 14(3) of the Multi-Unit Developments Act 2011 requires the words “owners’ management company”, or the abbreviation “OMC”, to be included in the name of new OMCs.

An OMC incorporated before the coming into force of the Multi-Unit Developments Act 2011 can update its name to include the terminology. This requires the amendment of the constitution of the OMC, the passing of a special resolution, and a filing of a Form G1Q.

Further information on Changing a Company’s Name is available here.
 
Restoration of an Owners’ Management Company
Where an OMC has been struck off voluntarily, or was struck off for failing to file annual returns, it may apply for restoration by filing within six years of the date of dissolution.

Further information about the restoration process is available here.
 
Further Information and Resources for OMCs
Information and resources for people involved with OMCs is available on the website of The Housing Agency.