DAMIEN SMITH (ACT): Congratulations, Mr Speaker, on your new role. I stand on behalf of the ACT Party and as a member of the Finance and Expenditure Committee (FEC) to support this bill. Just to get back to the main purpose of the bill, it was to prohibit overseas investors who planned to convert farmland to forest in New Zealand, a forestry conversion, from using the special forestry test in the Overseas Investment Act 2005 and instead require them to apply under the more stringent "benefit to New Zealand" test. We feel comfortable with that. 