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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 21 December 2009 - onwards
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134. Additional payment on servicing of acquired bank assets.

(1) With the consent of the Minister, NAMA or a NAMA group entity may agree with a participating institution on an arrangement in relation to the servicing of acquired bank assets.

(2) Without prejudice to the generality of subsection (1), an arrangement referred to in that subsection may provide for -

(a) an adjustment to the total portfolio acquisition value,

(b) performance fees, and the reimbursement of costs and expenses, on terms approved by the Minister, or

(c) any combination of the things mentioned in paragraphs (a) and (b).

Comparing proposed amendment...