Asset Covered Securities Act, 2001

What happens if NTMA's attempts to locate a parent entity are unsuccessful.

74.—If the NTMA's attempts under sections 72 and 73 are unsuccessful, the Authority shall, by notice published in Iris Oifigiúil, appoint the NTMA as a manager to manage the asset covered securities business activities of the designated or formerly designated credit institution concerned, or such of those activities as are specified in the notice.