75 Deputy Michael McGrath asked the Minister for Finance if he approves of the incentivisation arrangements the National Asset Management Agency is entering with developers whereby NAMA allows developers to share in any additional return or profit beyond the amount NAMA has paid for the developer’s loan plus an allowance for NAMA’s expenses; and if he will make a statement on the matter. [25505/11]

Summary

75 Deputy Michael McGrath asked the Minister for Finance if he approves of the incentivisation arrangements the National Asset Management Agency is entering with developers whereby NAMA allows developers to share in any additional return or profit beyond the amount NAMA has paid for the developer’s loan plus an allowance for NAMA’s expenses; and if he will make a statement on the matter. [25505/11]

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Timeline

1. 22 September 2011

   National Asset Management Agency

   75 Deputy Michael McGrath asked the Minister for Finance if he approves of the incentivisation arrangements the National Asset Management Agency is entering with developers whereby NAMA allows developers to share in any additional return or profit beyond the amount NAMA has paid for the developer’s loan plus an allowance for NAMA’s expenses; and if he will make a statement on the matter. [25505/11]

   Source: written

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1 official file

• National Asset Management Agency

  xml · EN · 22 September 2011

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Sponsors

• McGrath, Michael. · Asking member
• Minister for Finance · Minister for Finance · Addressed to

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