Written answers
Tuesday, 17 May 2011
Department of Finance
Departmental Agencies
6:00 pm
Dara Calleary (Mayo, Fianna Fail)
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Question 133: To ask the Minister for Finance if he is satisfied that the highest possible standards of human resource management are in place across all agencies of his Department including the National Asset Management Agency; and if his attention has been drawn to any serious HR issues in any of these agencies including NAMA. [11623/11]
Michael Noonan (Limerick City, Fine Gael)
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The day-to-day management, including the human resource function, of all of the agencies under the remit of my Department is a matter for the respective heads of the agencies concerned. However, with specific regard to NAMA, Section 42(1) of the National Asset Management Agency Act, 2009 provides that the NTMA shall assign so many of its staff to NAMA as the Board determines, upon the recommendation of the Chief Executive officer of NAMA, after consultation with the Chief Executive of the NTMA, to be necessary for the performance by NAMA of its functions under this Act.
Sections 7(1–3) of the National Treasury Management Agency Act, 1990 provides:
(1) that the Agency may appoint such, and such numbers of, persons to be members of the staff of the Agency as it may determine.
(2) (a) A member of the staff of the Agency (other than the Chief Executive) shall be paid, such remuneration (including allowances for expenses and benefits-in-kind) as the Agency may determine. (2) (b) A member of the staff of the Agency referred to in paragraph (a) shall hold his office or employment on such other terms and conditions as the Agency may determine.
(3) The categories of the staff of the Agency and the numbers of staff in each category shall be determined by the Agency.
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