Paschal Donohoe (Fine Gael)

I welcome the Minister of State back to the House. I also welcome the amendment for all the reasons outlined by colleagues. We previously engaged in a debate on trying to amend the objectives and purposes of NAMA to include the provision of credit to small and medium-sized enterprises as one such objective. The Government did not accept the proposal that emanated from this side of the House in that regard.

Section 210 is welcome because it provides NAMA with the capacity and statutory ability to do what we all believe it should do, namely, facilitate the flow of credit. If, however, one compares the section with Part 8, which relates to the relationship between NAMA and participating institutions, one discovers a marked difference with regard to the relationships envisaged under both.