Dáil debates
Thursday, 12 November 2009
National Asset Management Agency Bill 2009: From the Seanad
2:00 pm
Kieran O'Donnell (Limerick East, Fine Gael)
I move amendment No. 1 to Seanad amendment No. 10:
1. To delete subsection (2) and substitute the following:
"(2)(a) Guidelines made under this section may include but are not limited to:
(i) credit for start-up enterprises;
(ii) the frequency of declined cases and the criteria that has been used to decline cases;
(iii) the renegotiation of existing credit lines and the terms that have been applied;
(iv) limitations on the use of the new liquidity for purposes other than extending credit;
(v) dealings with mortgages on principal private residences.
(b) The Minister shall cause a copy of guidelines issued under subsection (1) to be laid before each House of the Oireachtas as soon as practicable.".
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