(1) In this section -
"the Acts" has the meaning given by section 1095 of the Taxes Consolidation Act 1997;
"Collector-General" has the meaning given by section 2(1) of the Taxes Consolidation Act 1997;
"outstanding tax", in relation to a relevant person, means any obligation on the relevant person arising under the Acts in relation to the payment or remittance of any taxes, interest or penalties required to be paid or remitted under the Acts;
"relevant person " means a debtor, associated debtor, guarantor, surety or chargor and includes a connected person (within the meaning given by section 10 of the Taxes Consolidation Act 1997) in relation to a debtor, associated debtor, guarantor, surety or chargor.
(2) This section applies where in the exercise of any of its functions under this Act, NAMA or a NAMA group entity is obliged to pay an amount of money to a relevant person.
(3) Where this section applies, NAMA or the NAMA group entity concerned shall not make any payment to a relevant
…