This bill that we're now considering largely replicates what was already the case for farmland, by way of regulations under the Overseas Investment Act, but it lifts those provisions from regulation to the primary legislation so that, if a future Government wants to loosen up foreign direct investment in rural land, that the majority of New Zealanders and the majority of farmers oppose, then that future Government would have to come to this Parliament to change the law rather than change it by executive regulation without recourse to Parliament. And, given the importance that New Zealanders attach to landownership, and given that most of our exports come from the primary sector and the control of our large co-ops that are vertically integrated internationally is held by virtue of ownership of farms and the production which goes from the farms through the co-ops, we in the Labour Party think that it is appropriate to have those rules as to foreign ownership of land set out in the primary statute.