Mr. Brendan McDonagh:

NAMA became subject to freedom of information in April 2014. The issue there is that the Department of Public Expenditure and Reform, which controls the freedom of information legislation, issued guidance that organisations should have records management policies. There are certain types of record which should be kept forever, certain types of records that should be kept for a certain period of time in terms of the Statute of Limitations and then there are other records, which are transitory records, which should not be kept. That is the guidance from the Minister for Public Expenditure and Reform and NAMA is following that guidance.