Oireachtas Joint and Select Committees

Wednesday, 16 December 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of NAMA: Discussion

2:30 pm

Ms Mary Birmingham:

They do not charge us. It is a cost for the debtor or associated with that property, for instance, if it is a multi-let building, that might be a service charge cost levied against the tenants. It depends on the nature of the property. If it is for a receiver to make the property safe and secure that will be a cost to the receivership.