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Updated to 12 September 2024 (Act No. 30 of 2024 and S.I. No. of 466 of 2024)

All effects below are reflected in the most recent Revised Act.

National Asset Management Agency Act 2009
No. 34 of 2009

Contents

Commencement

SectionCommencement DateCommencement Information
Whole Act 21 December 2009 National Asset Management Agency Act 2009 (Commencement) Order 2009 (S.I. No. 545 of 2009), art. 2

Amendments and other effects

How AffectedAffecting Provision
Applied with cesser Irish Bank Resolution Corporation Act 2013 (No. 3 of 2013), s. 16(1)
NAMA additional functions conferred National Asset Management Agency (Conferral of Additional Function) Order 2010 (S.I. No. 505 of 2010), art. 2
S. 3(a) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 1
S. 4(1) amended Irish Bank Resolution Corporation Act 2013 (No. 2 of 2013), s. 15(a)(i), (ii), (b)
  Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, items 2, 3
S. 7 relevant offence under Act Criminal Justice Act 2011 (No. 22 of 2011), ss. 1(2), 3 & sch. 1(12)
S. 8 establishment day appointed National Assets Management Agency Act 2009 (Establishment Day) Order 2009 (S.I. No. 547 of 2009), art. 2
S. 11(1A) inserted Irish Bank Resolution Corporation Act 2013 (No. 2 of 2013), s. 15(c)
S. 12(8) amended Local Government Reform Act 2014 (No. 1 of 2014), ss. 1(22), 5(8), sch. 2 pt. 6
S. 15(2)(j) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 4
S. 15(2)(l) deleted Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 5
S. 67(1) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 6
S. 67(5) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 7
S. 68(1)(e) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 8
S. 69 classes of assets prescribed as eligible for purposes of Act National Asset Management Agency (Designation of Eligible Bank Assets) Regulations 2009 (S.I. No. 568 of 2009), reg. 2
S. 69(1) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 9
S. 76 determination of long-term economic value of land National Asset Management Agency (Determination of Long-Term Economic Value of Property and Bank Assets) Regulations 2010 (S.I. No. 88 of 2010), regs. 4-6, schs. 1 & 2
  National Asset Management Agency (Determination of Long-Term Economic Value of Property and Bank Assets) Regulations 2009 (S.I. No. 546 of 2009), regs. 4-6, schs. 1 & 2
S. 76(2)(a) fraction prescribed for the purposes of National Asset Management Agency (Determination of Long-Term Economic Value of Property and Bank Assets) Regulations 2010 (S.I. No. 88 of 2010), reg. 9(1)
  National Asset Management Agency (Determination of Long-Term Economic Value of Property and Bank Assets) Regulations 2009 (S.I. No. 546 of 2009), reg. 9(1)
S. 76(2)(b) fraction prescribed for the purposes of National Asset Management Agency (Determination of Long-Term Economic Value of Property and Bank Assets) Regulations 2010 (S.I. No. 88 of 2010), reg. 9(2)
  National Asset Management Agency (Determination of Long-Term Economic Value of Property and Bank Assets) Regulations 2009 (S.I. No. 546 of 2009), reg. 9(2)
Pt. 6 (ss. 80-111) applied National Asset Management Agency (Conferral of Additional Function) Order 2010 (S.I. No. 505 of 2010), art. 2
S. 153 treatment for VAT purposes Value-Added Tax Consolidation Act 2010 (No. 31 of 2010), ss. 16, 125
S. 194(2A) inserted Credit Institutions (Stabilisation) Act 2010 (No. 36 of 2010), ss. 1(2),(3) 75 & sch. 1, pt. 5
S. 201 substituted Data Protection Act 2018 (7/2018), ss. 1(3), 212
S. 202(6)(d) references construed Competition and Consumer Protection Act 2014 (No. 29 of 2014), ss. 1(5), 8, 39
S. 202(6)(e) substituted Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 10
S. 203(iv) references construed Competition and Consumer Protection Act 2014 (No. 29 of 2014), ss. 1(5), 8, 39
S. 203(v) substituted Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 11
S. 204(2) substituted Finance Act 2010 (No. 5 of 2010), s. 154
S. 205(1) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 12
S. 205(4) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 13
S. 206(1) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 14
S. 207(1) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 15
S. 207(2) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 16
S. 207(4) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 17
S. 208(1) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 18
S. 208(3) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 19
S. 208(6) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 20
S. 208(8) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 21
S. 209(1) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 22
S. 209(5) amended Central Bank Reform Act 2010 (No. 23 of 2010), ss. 2, 15(11), sch. 2, pt. 11, item 23
S. 222(4) inserted Protected Disclosures Act 2014 (No. 14 of 2014) ss. 1(2), 24(1), sch. 4 pt. 1 item 3
S. 223(3) provision specified for the purposes of Workplace Relations Act 2015 (No. 16 of 2015), ss. 1(2), 41(1), sch. 5 pt. 1 item 21
S. 223(3A) inserted Protected Disclosures Act 2014 (No. 14 of 2014) ss. 1(2), 24(1), sch. 4 pt. 1 item 3
S. 224(1A) inserted Protected Disclosures Act 2014 (No. 14 of 2014) ss. 1(2), 24(1), sch. 4 pt. 1 item 3
S. 241 rep. Value-Added Tax Consolidation Act 2010 (No. 31 of 2010), ss. 123, 125 & sch. 8, pt. 1
Sch. 2 paras. 1, 2 substit. Workplace Relations Act 2015 (No. 16 of 2015), ss. 1(2), 52(1), (3), sch. 7 pt. 1 item 27
Sch. 2 para. 1 relevant redress provision specified Workplace Relations Act 2015 (No. 16 of 2015), ss. 1(2), 41(5)(b)(i), sch. 6 pt. 1 item 27
Sch. 2 para. 2 relevant redress provision specified Workplace Relations Act 2015 (No. 16 of 2015), ss. 1(2), 44(1)(b)(i), sch. 6 pt. 2 item 27
Sch. 2 (other than paras. 1, 2) repealed Workplace Relations Act 2015 (No. 16 of 2015), ss. 1(2), 8(1), (2), (7), sch. 2 pt. 1 item 25
Sch. 3, pt. 11 rep. Value-Added Tax Consolidation Act 2010 (No. 31 of 2010), ss. 123, 125 & sch. 8, pt. 1

SIs made under the Act

SectionSIs made under the Act
S. 8 National Asset Management Agency Act 2009 (Establishment Day) Order 2009 (S.I. No. 547 of 2009)
S. 11(3) National Asset Management Agency (Conferral of Additional Function) Order 2010 (S.I. No. 505 of 2010)
S. 69 National Asset Management Agency (Designation of Eligible Bank Assets) Regulations 2009 (S.I. No. 568 of 2009)
S. 75 National Asset Management Agency (Determination of Long-Term Economic Value of Property and Bank Assets) Regulations 2010 (S.I. No. 88 of 2010)
  National Asset Management Agency (Determination of Long-Term Economic Value of Property and Bank Assets) Regulations 2009 (S.I. No. 546 of 2009)
S. 76 National Asset Management Agency (Determination of Long-Term Economic Value of Property and Bank Assets) Regulations 2010 (S.I. No. 88 of 2010)
  National Asset Management Agency (Determination of Long-Term Economic Value of Property and Bank Assets) Regulations 2009 (S.I. No. 546 of 2009)
S. 79 National Asset Management Agency (Determination of Long-Term Economic Value of Property and Bank Assets) (Amendment) Regulations 2010 (S.I. No. 504 of 2010)
  National Asset Management Agency (Determination of Long-Term Economic Value of Property and Bank Assets) Regulations 2009 (S.I. No. 546 of 2009)
S. 210 National Asset Management Agency Act 2009 (Section 210) Amending Guidelines 2013 (S.I. No. 374 of 2013)
  National Asset Management Agency Act 2009 (Section 210) Amending Guidelines 2011 (S.I. No. 354 of 2011)
  Guidelines Issued Under Section 210(1) of the National Asset Management Agency Act 2009 Regarding Lending Practices and Procedures and Relating to the Review of Decisions of Participating Institutions to Refuse Credit Facilities (S.I. No. 127 of 2010)