Seanad debates
Wednesday, 11 November 2009
National Asset Management Agency Bill 2009: Report and Final Stages
6:00 pm
Brian Lenihan Jnr (Dublin West, Fianna Fail)
This section enables NAMA during the termination of its existence to transfer these assets in specie to the Minister. The Minister will hardly put the racehorse into the Exchequer but can decide what to do with it. That is the provenance of this particular power and has nothing to do with social purpose or a social dividend.
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