(1) Where NAMA has acquired a bank asset, NAMA may direct the participating institution from which the bank asset was acquired -
(a) to deliver to NAMA all its books and records in relation to the bank asset concerned and any documents of title that it holds for any property that is subject to a security that is part of the bank asset, and
(b) to provide any information or explanation that NAMA requires in relation to those books, records and documents.
(2) A participating institution shall comply with a direction under subsection (1).
(3) Where NAMA directs a participating institution under subsection (1) to deliver to NAMA books, records or documents in relation to a bank asset, the participating institution shall also secure that any officer, employee or agent of the participating institution who is able to do so provides an explanation of any such book, record or document, including an explanation of any apparent omission from such a book, record or document.
(4) If a participating
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