Oireachtas Joint and Select Committees
Wednesday, 24 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Role and Functions of NAMA: Discussion
3:40 pm
Mr. Brendan McDonagh:
Absolutely. Part of the lease that has been approved by the Department of the Environment, Community and Local Government and is now with the Irish Council for Social Housing provides that the approved housing bodies get the option to buy the property at market value two thirds of the way through the 20 year lease.
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