National Asset Management Agency Act 2009


NAMA’s powers to dispose of bank assets.

139.— NAMA may validly transfer, assign, convey, sell on or otherwise dispose of an acquired bank asset to any person notwithstanding—

( a) any restrictions on such a disposal at law or in equity,

( b) any contractual requirement, or any requirement under any enactment, for the consent of, for notice to, or for a document from, any person to such a disposal, or

( c) any provision of any enactment that would otherwise prohibit or restrict such a disposal.