Written answers

Tuesday, 18 October 2011

Department of Finance

National Asset Management Agency

9:00 pm

Photo of Dominic HanniganDominic Hannigan (Meath East, Labour)
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Question 87: To ask the Minister for Finance if he has drawn up any plans to make amendments to the governing legislation of the National Asset Management Agency to include additional objectives to the agency's remit; if a social dividend is one of these objectives; and if he will make a statement on the matter. [29594/11]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I stated in the Seanad recently that I do not propose to change the NAMA legislation yet and that in the last three months, NAMA has been working more efficiently than was previously the case. The Deputy will also be aware that a senior international banker has been examining NAMA. I will consider his advice before deciding whether to initiate any changes to the objectives of NAMA.

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