Dr DEBORAH RUSSELL (Labour—New Lynn): I'm very grateful to the member for answering many of the questions that have been asked this afternoon and which do actually matter in terms of the preamble to this Act. It may only be a small technical bill, but it does have some—I do just want to say that perhaps the member didn't quite get the extent of the question I asked. We all understand that generally accepted accounting principles (GAAP) apply better to the Charities Act and to not-for-profit entities, and that the New Zealand International Financial Reporting Standards (IFRS) apply better to for-profit entities. That's the higher level reason for this bill. But the detail is a little bit underneath that, and it is a detail that I had hoped the member would be able to explain, given it is the motivation for the bill.