The provisions of the bill that is being introduced tonight also bring New Zealand more into line with other countries which have, over the years, been increasing their ability to more effectively manage the risk to their taxpayers. We're not alone in recognising the need to make this change. In 2020, the Australian Government announced it would step in and decommission the Northern Endeavour field after the field was sold from a large industry player to a smaller company. Australia is now also making change to enhance their framework for decommissioning.