(1) NAMA has all powers necessary or expedient for, or incidental to, the achievement of its purposes and performance of its functions.
(2) Without prejudice to the generality of subsection (1), NAMA may -
(a) provide equity capital and credit facilities on such terms and conditions as NAMA thinks fit,
(b) borrow on any terms and conditions that NAMA thinks fit,
(c) secure the payment of money in any manner, including on the assets of NAMA or on any particular property and rights, present or future, of NAMA,
(d) initiate or participate in any enforcement, restructuring, reorganisation, scheme of arrangement or other compromise,
(e) enter into contract options and other derivative financial instruments (including instruments expressed in currencies other than the currency of the State), whose purposes include -
(i) eliminating or reducing the risk of loss arising from changes in interest rates, currency exchange rates or other factors of a similar nature, or
(ii) eliminating or reducing
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