Dáil debates

Thursday, 2 July 2009

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

They will now have to pay this tax. I was interested in the remarks made yesterday by the Taoiseach who said that we need to have a thorough discussion about the NAMA legislation, which is right and proper. I want to know when the legislation will come before the House, for two reasons. First, there is a crisis with substantial numbers of people with whom banks will not deal because they are in the pre-NAMA phase. Reuters reports this morning that there has been a change and that NAMA will only acquire loans of €5 million or over on the books of the Bank of Ireland and AIB.

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