Pearse Doherty (Sinn Fein)

I move recommendation No. 38:

In page 235, before section 154, to insert the following new section:

154.---The following section is inserted in the National Asset Management Agency Act 2009 after section 2:

"2A.---In the first year of its establishment, NAMA shall report to the Houses of the Oireachtas quarterly and set out a detailed report of its activities. All purchases acquired by NAMA will be put before a subcommittee of the Houses of the Oireachtas, established on a cross party basis, which will examine and make recommendations for NAMA's portfolio based on economic and societal needs.".".

Recommendation put.