Written answers

Thursday, 21 July 2016

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Social Democrats)
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135. To ask the Minister for Finance the contacts from legal firms, financial firms and any other sources about the establishment of section 110 companies for entities interested in purchasing loan books from NAMA, IBRC or any other source; and if he will make a statement on the matter. [23925/16]

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Social Democrats)
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144. To ask the Minister for Finance the details of all lobbying carried out by the Irish Debt Securities Association regarding the use of section 110 status for companies interested in purchasing loan books consisting primarily of property located in Ireland; and if he will make a statement on the matter. [23969/16]

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Social Democrats)
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145. To ask the Minister for Finance the details of all lobbying carried out by the Irish Funds Industry Association regarding the use of section 110 status for companies interested in purchasing loan books consisting primarily of property located in Ireland; and if he will make a statement on the matter. [23970/16]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 135, 144 and 145 together.

I am unaware of any contacts from legal firms, financial firms or any other sources in relation to the establishment of section 110 companies for entities interested in purchasing loan books from NAMA, IBRC or any other source.

Furthermore, I am unaware of any lobbying carried out by the Irish Debt Securities Association or the Irish Funds Industry Association regarding the use of section 110 status for companies interested in purchasing such loan books.

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