Hon MICHAEL WOODHOUSE (National): Thank you, Mr Chair. I just want to go back to the comments that the Minister made about my nomenclature of deemed intent. He may be correct that those specific words are not mentioned, but the general provisions as set out in sections DA 1 and DA 2 of the Income Tax Act make it very clear that deductions are only allowed if they are incurred in the generation of income—and, conversely, the income is only taxable in certain circumstances. So I just want to go back. Regardless of the nomenclature that we use, is my description of intent on purchase of a business or an asset relevant to the question of assessable income on the disposal of the asset? Because I think that's fundamental. At least if we can clear up the rules of engagement and the degree to which we are deviating from both those principles and rules as set out in the Income Tax Act, it would be much easier to have the conversation about what we're actually doing.