This bill, which forms a package with the Validation Act, supports the Companies Office approach to running the corporate registry system by moving away from being entirely funded on a register-by-register basis, as it is now. This bill, we believe, achieves this by amending the Companies Act 1993 to allow for regulations to be made for the Companies Office to charge its users levies as well as fees. The money collected in levies will be able to be used across different registers to fund the shared registry system, and the bill provides that the levies will be set by regulations following consultation. It also sets out the purpose of the levy-making power, which the Minister must have regard to in recommending to the Governor-General that regulations should be made by Order in Council. 