Phil Hogan (Carlow-Kilkenny, Fine Gael)
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Question 177: To ask the Minister for Finance if he requires EU approval for the National Asset Management Agency Bill in advance of the signature of the President in respect of this legislation; and if he will make a statement on the matter. [43041/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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EU approval is not required in advance of the signature of the President in respect of the National Asset Management Agency Bill, and the Deputy may wish to note that the President signed the bill into law on 22 November. My officials, however, are engaged in discussions with the European Commission on a regular basis in order to secure the early approval of NAMA by the Commission in line with the relevant State aid rules.