National Asset Management Agency Act 2009


Additional payment on servicing of acquired bank assets.

134.— (1) With the consent of the Minister, NAMA or a NAMA group entity may agree with a participating institution on an arrangement in relation to the servicing of acquired bank assets.

(2) Without prejudice to the generality of subsection (1) , an arrangement referred to in that subsection may provide for—

( a) an adjustment to the total portfolio acquisition value,

( b) performance fees, and the reimbursement of costs and expenses, on terms approved by the Minister, or

( c) any combination of the things mentioned in paragraphs (a) and (b) .