National Asset Management Agency Act 2009
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Market values. |
77.— (1) In determining the market value of property, NAMA may take into account— | |
(a) any value that the participating institution concerned submits as being, in its opinion, the market value of the property, | ||
(b) any report prescribed under section 78 that is reasonably available to NAMA when it carries out the relevant valuation, and | ||
(c) the market value already determined by NAMA of another similar property. | ||
(2) In determining the market value of a bank asset NAMA may take into account— | ||
(a) any value that the participating institution concerned submits as being, in its opinion, the market value of the bank asset, | ||
(b) the market value already determined by NAMA of any other similar bank asset, | ||
(c) the creditworthiness of the debtor or obligor concerned, | ||
(d) the performance of that asset, and | ||
(e) the market value of property determined by NAMA under subsection (1). |