Dáil debates

Thursday, 12 November 2009

National Asset Management Agency Bill 2009: From the Seanad

 

12:00 pm

Photo of Terence FlanaganTerence Flanagan (Dublin North East, Fine Gael)

Why are financial institutions allowed to decide, to cherry-pick as to which subsidiary will go into NAMA and which will remain outside it? The section states that financial institutions must provide information to the Minister as to why they can be excluded. On what grounds will the Minister allow financial institutions to exclude subsidiaries from going into NAMA?

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