The acquisition of loans from financial institutions is governed by the NAMA Act 2009 and EU Commission approval. NAMA deploys a complex and highly sophisticated set of operating procedures from the initial acquisition of loans through to the disposal of the loans or the disposal of the property and other assets securing the loans. I am advised by NAMA that these procedures are outlined in considerable detail in a series of NAMA annual reports, beginning with its 2010 Report. The Deputy may wish to refer, in particular, to pages 16-23 of the NAMA 2010 Annual Report, pages 23-31 of the NAMA 2011 Annual Report and pages 23-32 of the NAMA 2012 Annual Report. NAMA's annual reports are available on its website, www.nama.ie.