National Asset Management Agency Act 2009


Minister’s powers to issue guidelines to NAMA.

13.— (1) The Minister may issue guidelines in writing to NAMA for the purposes of this Act and, in so far as any such guidelines relate to issues within the Governor’s remit, the Minister shall consult with the Governor before doing so.

(2) In particular, and without prejudice to the generality of subsection (1) , the Minister may issue guidelines in relation to the purposes mentioned in subparagraph (viii) of section 2 (b) .

(3) In performing its functions under this Act, NAMA shall have regard to any guidelines issued by the Minister under this section.

(4) As soon as practicable after issuing guidelines, the Minister—

( a) shall cause the guidelines to be published in Iris Oifigiúil, and

( b) shall lay a copy of the guidelines before each House of the Oireachtas.