Seán Fleming (Laois, Fianna Fail)
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The advice of the Office of the Parliamentary Legal Advisers was that a director of the same company might not necessarily be a connected person. It was stated a director of a similar company might have been involved in the purchase of a loan. However, under the legislation, a director may be and, in many cases, is a connected person, but that is not always the case. We are getting into distinctions some people will follow. Their job is to tease out the detail of the issue.