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Review of achievement of NAMA’s purposes.
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227.— (1) The Minister may at any time require NAMA to report to him or her regarding progress with regard to the achievement of NAMA’s purposes.
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(2) The Minister shall lay a copy of a report under subsection (1) before each House of the Oireachtas as soon as reasonably practicable.
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(3) As soon as may be after 31 December 2012, and every 5 years after that while NAMA continues in existence, the Minister—
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(a) shall assess the extent to which NAMA has made progress toward achieving its overall objectives, and
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(b) shall decide whether continuation of NAMA is necessary having regard to the purposes of this Act.
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