Acquisition of Land (Assessment of Compensation) Act 1919	9 & 10 Geo. 5, c. 57
Agricultural Credit Act 1978	1978, No. 2
Bankers’ Books Evidence Act 1879	42 & 43 Vict., c. 11
Bankruptcy Act 1988	1988, No. 27
Bills of Sale (Ireland) Acts 1879 and 1883
Borrowing Powers of Certain Bodies Act 1996	1996, No. 22
Building Societies Act 1989	1989, No. 17
Capital Gains Tax Acts
Central Bank Act 1942	1942, No. 22
Central Bank Act 1997	1997, No. 8
Central Bank Acts 1942 to 2001
Central Bank and Financial Services Authority of Ireland Act 2003	2003, No. 12
Central Bank and Financial Services Authority of Ireland Act 2004	2004, No. 21
Civil Service Regulation Act 1956	1956, No. 46
Companies Act 1963	1963, No. 33
Companies Act 1990	1990, No. 33
Companies Acts
Companies (Amendment) Act 1982	1982, No. 10
Companies (Amendment) Act 1983	1983, No. 13
Companies (Amendment) Act 1990	1990, No. 27
Competition Act 2002	2002, No. 14
Comptroller and Auditor General (Amendment) Act 1993	1993, No. 8
Conveyancing Act 1634	10 Chas. 1 sess. 2, c. 3
Conveyancing Act 1881	44 & 45 Vict., c. 41
Corporation Tax Acts
Courts Act 1981	1981, No. 11
Credit Institutions (Financial Support) Act 2008	2008, No. 18
Data Protection Acts 1988 and 2003
Ethics in Public Office Act 1995	1995, No. 22
European Communities Act 1972	1972, No. 27
European Parliament Elections Act 1997	1997, No. 2
Family Home Protection Act 1976	1976, No. 27
Finance Act 1970	1970, No. 14
Health Contributions Act 1979	1979, No. 4
Housing Act 1966	1966, No. 21
Income Tax Acts
Industrial and Commercial Property (Protection) Act 1927	1927, No. 16
Interpretation Act 1937	1937, No. 38
Investment Funds, Companies and Miscellaneous Provisions Act 2005	2005, No. 12
Investment Funds, Companies and Miscellaneous Provisions Act 2006	2006, No. 41
Land and Conveyancing Law Reform Act 2009	2009, No. 27
Lands Clauses Acts
Land Clauses Consolidation Act 1845	8 & 9 Vict., c. 18
Landlord and Tenant (Amendment) Act 1980	1980, No. 10
Local Government Act 2001	2001, No. 37
Markets in Financial Instruments and Miscellaneous Provisions Act 2007	2007, No. 37
National Treasury Management Agency Act 1990	1990, No. 18
Netting of Financial Contracts Act 1995	1995, No. 25
Official Languages Act 2003	2003, No. 32
Patents Act 1992	1992, No. 1
Planning and Development Act 2000	2000, No. 30
Planning and Development Acts 2000 to 2007
Prevention of Corruption Act 1906	6 Edw. 7, c. 34
Prevention of Corruption Acts 1889 to 2001
Public Bodies Corrupt Practices Act 1889	52 & 53 Vict., c. 69
Redundancy Payments Act 1967	1967, No. 21
Registration of Deeds and Title Act 2006	2006, No. 12
Registration of Deeds and Title Acts 1964 and 2006
Registration of Title Act 1964	1964, No. 16
Safety, Health and Welfare at Work Act 2005	2005, No. 10
Social Welfare Consolidation Act 2005	2005, No. 26
Stamp Duties Consolidation Act 1999	1999, No. 31
Statutory Instruments Act 1947	1947, No. 44
Tax Acts
Taxes Consolidation Act 1997	1997, No. 39
Trade Marks Act 1996	1996, No. 6
Unfair Dismissals Acts 1977 to 2005
Value-Added Tax Act 1972	1972, No. 22

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Number 34 of 2009

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009

AN ACT—

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, AND

(F) THE FACILITATION OF RESTRUCTURING OF CREDIT INSTITUTIONS OF SYSTEMIC IMPORTANCE TO THE ECONOMY, AND

TO 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, TO AMEND THE CENTRAL BANK ACT 1942, AND TO PROVIDE FOR RELATED MATTERS.

[22nd November, 2009]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:

National Asset Management Agency Act 2009 Permanent Page URL

National Asset Management Agency Act 2009

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