|
|
Annual statements.
|
53.— (1) NAMA shall—
|
|
| |
(a) for the financial year 2010, before 1 July 2010, and
|
|
| |
(b) for each subsequent financial year 3 months before the commencement of it,
|
|
| |
prepare a statement that complies with subsection (3), and submit the statement to the Minister.
|
|
| |
(2) The Minister shall cause copies of each statement to be laid before each House of the Oireachtas not later than—
|
|
| |
(a) in the case of 2010, 30 November 2010, and
|
|
| |
(b) in the case of a statement for any other financial year, one month after the beginning of the subsequent financial year.
|
|
| |
(3) A statement submitted to the Minister under subsection (1) shall specify—
|
|
| |
(a) the proposed objectives of NAMA’s activities and those of each NAMA group entity for the financial year concerned,
|
|
| |
(b) the proposed nature and scope of the activities to be undertaken,
|
|
| |
(c) the proposed strategies and policies for achieving those objectives, and
|
|
| |
(d) the uses to which it is proposed to apply NAMA’s resources and those of each NAMA group entity.
|
|
| |
(4) The Minister may omit from a copy of a statement laid before the Oireachtas under subsection (2) any matter that would disclose confidential information. If the Minister omits such matter from such a copy, he or she shall insert in its place a statement that matter has been omitted and a general description of the omitted matter.
|
