National Treasury Management Agency (Amendment) Act 2014

Conduct of NAMA-related legal proceedings

49R

49R. (1) Where the Agency or a subsidiary of the Agency, as the case may be, is or becomes a party to legal proceedings relating to any residual NAMA matter and those proceedings involve a participating institution from which NAMA bank assets were acquired by NAMA or a NAMA group entity, the participating institution concerned shall, without prejudice to any other obligation under Part 2 of the Act of 2026, at the request of the Agency, provide the Agency with any assistance reasonably required by the Agency for the purpose of the proceedings, including—

(a) the provision of documents or information,

(b) the making available of witnesses, and

(c) the provision of evidence by affidavit or otherwise.

(2) A participating institution has, and shall be taken always to have had, as part of its functions and objects, the power and capacity to give the assistance required by subsection (1).]

Annotations

Amendments:

F39

Inserted (22.07.2026) by National Treasury Management Agency (Miscellaneous Provisions) Act 2026 (22/2026), s. 21, S.I. No. 355 of 2026