National Asset Management Agency Act 2009


Minister’s powers of direction.

14.— (1) The Minister may give a direction in writing to NAMA concerning the achievement of the purposes of this Act.

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

(3) NAMA shall comply with a direction given by the Minister under this section.

(4) As soon as practicable after giving a direction to NAMA, the Minister—

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

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