Irish Bank Resolution Corporation Act 2013

15.

Amendment of Act of 2009.

15.— The Act of 2009 is amended—

( a) in section 4, in the definition of “bank asset”—

(i) in paragraph ( d), by deleting “and” and by inserting the following after paragraph ( d):

“( dd) an asset owned by the Central Bank, and”,

and

(ii) in paragraph ( e), by substituting “paragraphs ( a) to ( dd)” for “paragraphs ( a) to ( d)”,

( b) in section 4, by substituting the following for the definition of “officer of NAMA”:

“‘officer of NAMA’ means—

( a) the Chief Executive Officer of NAMA,

( b) any person assigned to NAMA in accordance with section 42, and

( c) any person employed by NAMA under section 16(2) of the Irish Bank Resolution Corporation Act 2013;”,

and

( c) in section 11, by inserting the following after subsection (1):

“(1A) NAMA has such other functions as are conferred on it by or under the Irish Bank Resolution Corporation Act 2013.”.