Yes, but thank you for the encouragement. My amendment No. 3 is very similar to amendment No. 1 from Deputy Doherty. There is a slight difference in that I am being move generous in the timeline being afforded to the Minister to make this report. The fundamental point here is that the public has a right to know. They should get this information. I made the point on Committee Stage that, with NAMA there was a massive lost opportunity in terms of what could have been delivered in affordable housing for people. NAMA took on 60,000 individual assets, sites, land banks that should and could have been used to create affordable housing for the people of this country. That would have made a massive difference and would have meant we were not in the housing crisis that we are now. Instead, we saw land banks and in some cases housing almost completely finished and unfinished housing sold on at discount rates that was then often bought back by the State or financed by the State through long-term leases and so forth. It was a terribly bad use of money and terrible value for money. I think a report like this would help shed some light on this and on some of the impact of this failure. As I have said before, it is not the individuals working in NAMA where the failing was here. The failing here was the political direction given to it by Government. Whatever about at the start, as prices were recovering and as there was a change going on in the housing supply conditions and prices, at that point, at the very latest, the Government should have intervened and redirected NAMA towards not just recovery in terms of price, but also in terms of making sure one of its key aims was affordable housing. To this very day, while things are done in terms of affordable housing, if we look at our planning system and our housing system in general there is not enough of that at all directed at affordable housing. It should be one of the core aims we are trying to achieve. It should have been for NAMA and it should be something we are trying to do through the planning system and through our housing delivery system.

Sentiment score: -0.03

I move amendment No. 3: In page 8, after line 34, to insert the following: “Report on NAMA managed properties 10. The Minister shall, within 6 months of the passing of this Act, lay a report before both Houses of the Oireachtas that provides a table outlining all NAMA managed properties, their value at the time of their sale, compared to their current or most recent valuation.”.

Sentiment score: 0.01