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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 7 February 2013 - onwards
  Version 4 of 4    

4. Interpretation.

(1) In this Act -

"acquire", in relation to a bank asset, shall be construed in accordance with subsection (2);

"acquired bank asset" means a bank asset that NAMA or a NAMA group entity has acquired, and in which NAMA or a NAMA group entity retains an interest;

"acquired portfolio", in relation to a participating institution, means all the bank assets specified in a completion notice that have been acquired from the participating institution;

"acquisition schedule" has the meaning given by sections 87 and 89;

"acquisition value", in relation to a bank asset, means the value determined by NAMA in accordance with the valuation methodology;

"applicant credit institution" means a credit institution that is applying or has applied under section 62 to be designated;

"appointed member", in relation to the Board, has the meaning given by section 19;

"associated debtor" has the meaning given by section 70;

"bank asset" includes - (a) a credit facility, (b) any security relating to a credi

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