Seanad debates
Wednesday, 11 November 2009
National Asset Management Agency Bill 2009: Committee Stage (Resumed)
1:00 pm
Willie O'Dea (Limerick East, Fianna Fail)
Section 223 states that the Comptroller and Auditor General will assess the position every three years. There are many reporting mechanisms in place. Basically, it comes down to whether we believe NAMA will be in existence for at least five years. I am of the view that there is little doubt that this will prove to be the case.
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