Dáil debates

Thursday, 12 November 2009

National Asset Management Agency Bill 2009: From the Seanad

 

11:00 am

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

I stand corrected.

The sixth item is the group comprising amendments Nos. 11 to 13, inclusive, and 15, relating to the whistleblower provisions. I will be pleased to address the concerns expressed by Deputy Burton as to how these provisions relate to another section. Deputy O'Donnell has pointed to the omission of a reference to the NAMA group entity in these provisions. I am willing to accept an amendment in that regard.

The seventh item is amendment No. 14 which relates to the Irish language. Deputies will recall that we agreed not to provide for simultaneous publication of an Irish language version of the Bill. However, an amendment was accepted in the Seanad to ensure that the Irish language version will be published as quickly as possible. The eighth item is amendment No. 16 which relates to the Central Bank provisions and underlines the independence of that institutions. This measure was suggested by the European Central Bank on the basis of its analysis of the provisions.

The ninth item is the group comprising amendments Nos. 17 to 23, inclusive, which relate to planning issues. The Bill as passed by the Dáil includes, under one of the Schedules dealing with planning, the scope for NAMA to extend the duration of planning permissions. The Minister for the Environment, Heritage and Local Government has similar legislation before the other House and the opportunity was taken to introduce a substantial harmony between the two items of legislation. The tenth item is the group comprising amendments Nos. 24 to 37, inclusive, which relate to the 80% windfall tax on profits arising from rezonings.

These are the ten items that fall for discussion in the House today.

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