Terence Flanagan (Dublin North East, Independent)
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67. To ask the Minister for Finance his plans to update National Asset Management Agency legislation; and if he will make a statement on the matter. [2039/14]

Michael Noonan (Limerick City, Fine Gael)
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I currently have no plans to update the NAMA legislation. Under Sections 13 and 14 of the NAMA Act I have the power to issue guidelines and directions to NAMA. To date I have issued nine directions to NAMA which are available on the NAMA website at www.nama.ie.