2009/34
National Asset Management Agency Act 2009
Introduced
8 September 2009
Last action
22 November 2009 · Enacted
Status
Enacted
Sponsors
Minister for Finance
Subjects
Discovery layer
Source updated
17 April 2018
Official titles
Authentic titles published by the source. The stored canonical title is not replaced.
1 official language
Irish
An tAcht fán nGníomhaireacht Náisiúnta um Bainistíocht Sócmhainní, 2009
Summary
— to address a serious threat to the economy and to the systemic stability of credit institutions in the State generally by providing, in particular, for the establishment of a body to be known as the National Asset Management Agency for the purposes of— (a) the acquisition by that Agency of certain assets from certain persons to be designated by the Minister for Finance, (b) effecting the expeditious and efficient transfer of those assets to that Agency, (c) the holding, managing and realising of those assets by that Agency (including the collection of interest and capital due, the taking or taking over of collateral where necessary and the provision of funds where appropriate), (d) the taking by that Agency of all steps necessary or expedient to protect, enhance and better realise the value of assets transferred to it, (e) the performance by that Agency of such other functions, related to the management or realisation of those assets, as provided in this Act or as directed by the Minister, (f) the facilitation of restructuring of credit institutions of systemic importance to the economy, andto provide for the valuation of the assets concerned and the review of any such valuation, to give the National Asset Management Agency certain powers and other functions in respect of land or an interest in land acquired by that Agency, including powers relating to the development of land, to provide for the issuing of debt securities by the Minister for Finance and by that Agency in the performance of its functions under this Act, to provide for certain legal proceedings relating to assets acquired by that Agency and to provide for related matters
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
8 September 2009
Published
8 September 2009
First Stage
Source: Dáil Éireann
16 September 2009
Second Stage
Source: Dáil Éireann
14 October 2009
Committee Stage
Source: Dáil Éireann
4 November 2009
Report Stage
Source: Dáil Éireann
4 November 2009
Fifth Stage
Source: Dáil Éireann
9 November 2009
Second Stage
Source: Seanad Éireann
10 November 2009
Committee Stage
Source: Seanad Éireann
11 November 2009
Report Stage
Source: Seanad Éireann
11 November 2009
Fifth Stage
Enacted
Source: Seanad Éireann
22 November 2009
Enacted
22 November 2009
Enacted
22 November 2009
Enacted
Enacted
Votes
No vote records are attached yet.
Versions
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Documents
7 official files
National Asset Management Agency Act 2009
Leesvertaling
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National Asset Management Agency Act 2009
pdf · EN · 22 November 2009
An tAcht fán nGníomhaireacht Náisiúnta um Bainistíocht Sócmhainní, 2009
pdf · GA · 22 November 2009
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As passed by both Houses of the Oireachtas
pdf · EN · 20 November 2009
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As passed by Dáil Éireann
pdf · EN · 9 November 2009
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As amended in Committee/Select Committee [Dáil Éireann]
pdf · EN · 3 November 2009
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Explanatory Memorandum
pdf · EN · 10 September 2009
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As Initiated
pdf · EN · 10 September 2009
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Sponsors
- Minister for Finance · Minister for Finance
Related records
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Related across the Repo ecosystem
Direct relationships are identifier-backed. Topic context means shared TopicMembership — not a citation and not causation.
Direct relationships
- Legal framework · National Asset Management Agency Act 2009 · 2009/34 · IE
- Identifier matchPROJECTS_FROM
Same ireland record bill-2009-60 projected from PoliticalRepo IE row.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.oireachtas.ie/en/bills/bill/2009/60/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/bill/2009/60
- ireland · bill-2009-60 · source updated 17 April 2018