Shane Ross (Dublin South, Independent)
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Question 75: To ask the Minister for Finance if the National Assets Management has put in place a strategy with local authorities to protect period buildings and protected structures under the control of NAMA; and if he will make a statement on the matter. [18049/11]

Michael Noonan (Limerick City, Fine Gael)
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NAMA advises me that the most efficient way to deal with issues arising in connection with period buildings and protected structures controlled by NAMA debtors, is to consider circumstances on a case by case basis. Should it be brought to NAMA's attention that one of its debtors is failing to comply with his or her obligations as regards protected buildings or structures, the Agency's first option is to put pressure on the debtor to resolve the issue. Should the debtor fail to take the appropriate action, NAMA can appoint a receiver to take control of the property concerned or under the provisions of section 141 of the NAMA Act, NAMA can apply to the District Court for an entry and maintenance order for which the overall costs can be charged back to the debtor. NAMA informs me that it has not been necessary to move beyond the first option in the very few cases relating to period buildings and protected structures which have arisen to date.

NAMA's engagement with local authorities regarding protected buildings or structures has also taken place on a case-by-case basis. Should local authorities wish to discuss, more generally, the issue of protected buildings within their respective areas, NAMA will be happy to do so.