The purpose of this bill is it's the second of three bills that are going to reform the Reserve Bank of New Zealand Act 1989. The first bill that was introduced in 2018 established what is the monetary policy committee and revised the bank's monetary policy objectives. This specific bill, the second of three, reforms the bank's institutional arrangements, particularly around governance structures, overarching statutory functions, objectives, and also touches on some of the roles of the Minister of Finance.