Dáil debates
Thursday, 3 December 2009
Departmental Agencies.
5:00 am
Brian Lenihan Jnr (Dublin West, Fianna Fail)
The National Asset Management Agency Act 2009 provides for the acquisition of eligible assets from participating institutions by NAMA. In accordance with the terms of Part 6 of the Act, it is expected that the first acquisition schedules will be served by NAMA on participating institutions in January 2010. This will prioritise the loans of the larger borrowers across the participating institutions.
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