Brian Lenihan Jnr (Dublin West, Fianna Fail)

It has been made absolutely clear since the supplementary budget statement and it remains the case that performing loans - good assets - are being taken as well as bad assets in the land and development category. In other words, in terms of the construction cycle from the acquisition of land right through to the completed house which is not sold, and the various intervening stages at which developments may be, it is the intention that all of that segment of the banks' books will be taken over by NAMA.

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