National Asset Management Agency Act 2009

36.

Application of certain provisions of this Chapter to directors of NAMA group entities.

36.— (1) With the modifications set out in subsection (2) , the following provisions of this Chapter apply in relation to directors of NAMA group entities:

( a) subsections (1) , (2) , (3) and (4) of section 22 ;

( b) section 30 .

(2) The modifications referred to in subsection (1) are—

( a) references to an appointed member shall be read as references to the director concerned,

( b) references to the Board of NAMA, or to members of that Board, shall be read as references to the directors of the NAMA group entity concerned, and

( c) the reference to NAMA in section 30 (3) shall be read as a reference to the NAMA group entity concerned.