Dáil debates

Wednesday, 4 November 2009

National Asset Management Agency Bill 2009: Report Stage (Resumed).

 

5:00 am

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

We have laid down in the Bill a great deal of the matter which the quarterly report must contain. Due to the concern expressed by Deputy Joan Burton on the issue of the bonds, I drew to her attention the European arrangement. I have the undertaking of the regulator to work with such a committee as well. It is not the regulator but a person designated by the regulator as he could not take a personal interest in the vast wealth of information involved. These matters have been attended to.

Deputy Bernard Durkan raised the matter about parliamentary questions concerning the body. They will be dealt with in a manner similar to that in which my Department deals with queries concerning the Revenue Commissioners so that Deputies will get information in a timely way from the agency.

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