NAMA has advised me that the process of transferring the eligible loans of participating institutions to NAMA should commence this month with the transfer of the first tranche, which has a nominal value of approximately €17 billion. Moreover, NAMA has also advised me that the transfer process is targeted for completion by the final quarter of the year. As regards Oireachtas oversight of NAMA, I would point out that the first quarterly report of NAMA in respect of the quarter ending 31 March 2010 will be submitted to me on or before 30 June 2010 and will be laid before the House. Also, Section 59 of the NAMA Act makes provision for the Chairperson and CEO of NAMA to appear before a Committee of the Oireachtas to examine matters relating to NAMA if requested to do so.