So what does this bill do? It allows for continued public ownership of the water services entities. It contains a number of safeguards. It requires a minimum of 75 percent of votes in a public referendum for any privatisation proposal to proceed. Furthermore, no privatisation proposal could proceed without the agreement of all councils and the communities they represent. Again, that's based on a longstanding provision in the Local Government Act 2022. The bill requires that an entity must not use its assets as security for any purpose, divest its ownership in a water service, or sell or lose control of significant infrastructure—that is the status quo.