ANDREW BAYLY (National—Port Waikato): Thank you, Madam Speaker. It's a pleasure to be talking on the Companies (Levies) Amendment Bill, first reading. Well, here's a Minister who tonight has had a very busy role, actually. We've had three bills—one we agree with. The last one, the Financial Markets (Conduct of Institutions) Amendment Bill, was an absolute waste of time, and I've got to say this is a waste of time as well, because this bill should not be coming before Parliament. This bill goes contrary to all the good principles of Government. This bill goes against the principles that were set out in the original legislation that created all these registers.