Oireachtas Joint and Select Committees
Wednesday, 18 September 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance
1:30 pm
Mr. Des Carville:
No. It depends on one's definition of "relatively quickly". To my mind, however, the answer is "No". The idea is that NAMA, under State aid rules, has to be wound up by the end of 2025. All we are trying to with the legislation is put in place the tools and mechanisms, through the Oireachtas, to facilitate an orderly wind-down of the IBRC and NAMA within that timeframe.
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