NorthTec told the Education and Workforce Committee that the bill is flawed. Their representative view of the region is that the New Zealand Institute of Skills and Technology is "a creature of the [Ministry] of Education."—that's a direct quote from NorthTec. They're of a view and they're concerned that there are possibilities in this bill for political interference in tertiary education, and they raised that by saying the way the bill overturns the limitation in the Education Act that the Minister may not identify a specified organisation to which funding may be provided or denied runs the risk of significant political interference. NorthTec has assets of about $13 million. These have been hard accrued. It is also fair to say they've been running a deficit of several million dollars, and I believe and have faith in their plan to correct that and redress it over a strategic plan over the next two to three years. I've seen that plan. I know the staff. I have faith in them. These reforms will completely turn upside down the ability for NorthTec to redress those concerns and to reach a balanced budget.