Dáil debates

Thursday, 12 November 2009

National Asset Management Agency Bill 2009: From the Seanad

 

3:00 pm

Photo of Paul GogartyPaul Gogarty (Dublin Mid West, Green Party)

I return to section 210. I welcome the fact that the guidelines will be issued by the Minister but I would like to see more than guidelines. I would like to see the spirit of Deputy O'Donnell's amendment taken on board so that we have proper legislation to protect private mortgage holders and legislation to provide much-needed funding for SMEs. This legislative protection should not be placed within NAMA legislation but must be provided soon. I hope the Minister of State can provide some guarantees in his summation speech.

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