Can we see how our service charges are being used ?

Yes. Under Irish law, specifically the Multi-Unit Developments Act 2011, owners are entitled to transparency regarding how service charges are spent. The Owners’ Management Company (OMC) is required to maintain proper financial records and provide annual accounts detailing all income and expenditure. These accounts are typically presented at the Annual General Meeting (AGM), and owners can request further breakdowns or clarifications if needed. This ensures accountability and helps owners understand exactly how their contributions are being used to maintain and manage the development.