Thomas Gould
Ceist:384. Deputy Thomas Gould asked the Minister for Finance if a person who has had a loan written down by NAMA can repurchase that loan. [29440/22]
Amharc ar fhreagraTuesday, 14 June 2022
Ceisteanna (384)
Freagraí scríofa
I refer the Deputy to section 172 of the NAMA Act 2009, which is a legal provision designed to prevent defaulting debtors from buying back their secured assets from NAMA. NAMA has enhanced this legislation with Asset Disposal and Loan Sale policies that are more wide-reaching than section 172. They encompass disposals of secured assets by debtors or receivers as well as loan assets being sold by NAMA.