Kieran O'Donnell (Limerick East, Fine Gael)

Our amendment is not dependent on the Government appointing an Oireachtas committee by statute; it could be any committee.

The amendment was purposely structured in that fashion. The reference is to "any Committee of the Houses of the Oireachtas established to monitor Acts done in the furtherance of this Act". Nothing in this amendment would affect the workings of NAMA as envisaged by the Minister. When the Minister spoke about the valuation panel he seemed to suggest that he shared our concerns regarding the appointment of individuals to the panel. This is a reasonable and constructive amendment and I thank Deputies Burton and Morgan for supporting it. I hope the Minister will take it on board. It offers leverage and power to the Minister and is in line with what he indicated was his preference in this regard.

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