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Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: Does Mr. McDonagh think it will be more like a statement rather a pure, final debts report?

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: Anybody who was on the previous committee with me knows I have a keen interest in section 110 vehicles. It is something we have discussed a good bit in this committee, but it is my understanding NAMA has used multiple section 110 vehicles. What was the motivation for doing that?

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: Why?

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: It is just that the use of those vehicles in particular came directly from the-----

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: That is fair. It is very interesting that came from the Commission. Did the agency have many dealings with Revenue on that? Were there any dealings with it?

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: It is quite interesting to see where that goes. When NAMA is wound down I assume not everybody is planning on going straight into the NTMA. People will perhaps make decisions as to where they want to go.

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: My question is more about what happens after that and where somebody might want to go after that. I had a Bill before the Dáil previously on TDs and cooling-off periods. The legislation stated there should be a cooling-off period for TDs who are not re-elected or finish up and move on. It would apply to lobbying and so on. Is Mr. McDonagh aware of anything like that, especially...

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: How long is that?

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: Yes. It could be said of all our jobs.

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: I remember from work in the private sector that with gardening leave people get paid during throughout that period.

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: Yes, that is fair.

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: I get that. We have it in the finance sector with people moving from one bank to another, depending on what knowledge they have and that kind of thing. Does Mr. McDonagh think it is a long enough period from an institutional knowledge point of view?

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: Of course, and what information they have.

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: That is fair, it is just something I am especially interested in in this line of work. Mr. McDonagh mentioned Project Eagle in his opening statement. As I am chairing, he will have to tell me what he can answer and what he cannot, so he should just be frank. Has NAMA ever conducted its own internal investigation into Project Eagle? Obviously Mr. McDonagh could be limited in what he can...

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: I thank Mr. McDonagh. Moving to the records, which are something Senator Higgins queried, after NAMA has been wound down, I am unsure how commercial sensitivity issues would apply. Will we get a breakdown by folio number of properties sold per project, or will that not be made available?

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Mairéad Farrell: That is very interesting because commercial sensitivity issues are often raised but it makes sense that other issues can be raised. Go raibh míle maith agat. I thank Mr. McDonagh for appearing at the committee. Gabhaim buíochas leis na Baill go léir as fanacht go dtí an deireadh agus as a bheith mar chuid den choiste seo. That concludes today's public session. The...

Written Answers — Department of Culture, Heritage and the Gaeltacht: Artists' Remuneration (21 May 2025)

Mairéad Farrell: 71. To ask the Minister for Culture, Heritage and the Gaeltacht to provide clarity on the basic income for artists pilot programme; his plans to support those working in the arts who may not qualify for the new jobseeker's pay-related benefit or jobseeker’s benefit (self-employed) when they are between jobs; and if he will make a statement on the matter. [26201/25]

Written Answers — Department of Health: Medical Cards (21 May 2025)

Mairéad Farrell: 171. To ask the Minister for Health the number of individuals who currently hold a medical card; the number who currently hold a discretionary medical card; and these figures for May, 2019, 2020, 2021, 2022, 2023 and 2024, in tabular form. [26207/25]

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Common Agricultural Policy (20 May 2025)

Mairéad Farrell: Bogaimid ar aghaidh go dtí an chéad cheist eile. Questions Nos. 111 and 114 are grouped and in ainmneacha na Teachtaí Kenny agus Aird. We will begin with an Teachta Kenny.

Committee on Budgetary Oversight: Business of Select Committee (20 May 2025)

Mairéad Farrell: I congratulate the Cathaoirleach on his appointment as Chair of this committee. I am looking forward to the time ahead. We have shown previously that we can work well collaboratively and I am sure the same would go for all the members of the committee. I, too, wish my best to Richard Boyd Barrett and hope to have him back at the committee soon because he surely allows for lively debate.

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