Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

I am just clarifying for anybody who might be watching the proceedings of this committee that the provision will apply to new staff.

With regard to existing staff whose contracts specify a three-month notice period, Mr. McDonagh said there is an option of gardening leave, which is a term I always find quite amusing. There would be a lot of gardening done in three months. NAMA lost 50 staff and Mr. McDonagh reckons 10% of them, amounting to five, went to property management organisations.