National Treasury Management Agency (Miscellaneous Provisions) Bill 2026: Report Stage
Dail Éireann — 2026-06-24
============================================================

Robert Troy (FF), Longford-Westmeath

I move amendment No. 4:
In page 17, to delete lines 35 to 43, and in page 18, to delete lines 1 and 2 and substitute the following:
“ ‘residual NAMA matter’ means any asset, liability, right, cause of action, entitlement or obligation of any nature or kind, or legal proceedings, that immediately before the dissolution day was an asset, liability, right, cause of action, entitlement or obligation of any nature or kind of, or relating to, NAMA or a NAMA group entity and, in the case of legal proceedings, were legal proceedings to which NAMA or a NAMA group entity was a party or which were otherwise relating to NAMA or a NAMA group entity, and which on and after the dissolution day is an asset, liability, right, cause of action, entitlement or obligation of, or relating to, the Agency or a subsidiary of the Agency, as the case may be, or, in the case of legal proceedings, are legal proceedings to which the Agency or a subsidiary of the Agency is a party or which are otherwise relating to the Agency or a subsidiary of the Agency, as the case may be;”.
I flagged on Committee Stage that I intended to introduce a small number of amendments to Part 4 of the Bill on behalf of the Minister for Finance. These amendments are technical in nature and are designed to ensure clarity and consistency in the drafting of the legislation. As Deputies will be aware, the Bill provides for the orderly wind-down of NAMA and for the transfer of any residual matters to the NTMA for management to completion, including the continuation of any ongoing proceedings. The Bill also facilitates the conclusion of the IBRC special liquidation, with provision for any remaining residual matters to transfer to the NTMA for management to completion by way of transfer agreement entered into between the relevant parties. A key element of that process is ensuring the seamless continuation of any outstanding matters, including ongoing legal proceedings, with provision for the substitution of the NTMA in place of NAMA and the IBRC as appropriate in such proceedings, along with the continuation of associated rights and obligations. In that context, the amendments being brought relate to the terminology used in Part 4 and ensure clarity and consistency in how references to proceedings are expressed across the relevant positions. This is simply to ensure that the provisions operate clearly and consistently in practice. These amendments are purely technical in nature and do not alter the underlying policy intent of the Bill in any way. The policy remains unchanged, namely to ensure the effective transfer of residual functions, assets, liabilities and legal matters to the NTMA, and to allow those matters to be brought to an orderly conclusion. I therefore commend these amendments to the House.

---

Source: Houses of the Oireachtas. Licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). The Official Report is revised after first publication; the fetch timestamp below identifies the version quoted.

Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-06-24/debate/main
Retrieved: 2026-08-14T04:55:06+00:00
Sitting date: 2026-06-24