Hon GRANT ROBERTSON: I think the member needs to make sure he gets clear in his head the difference between ownership, governance, and management. In the case of these assets what we're committed to on this side of the House is public ownership. I think the ACT Party is a new-found convert to public ownership of assets like this. No—Mr Seymour is shaking his head, so they're not. What we do know is we that want regional representative groups that do cover off local authorities and mana whenua in the governance space and then to make sure we have competency-based boards running the entities.