ANDREW BAYLY (National—Port Waikato): Thank you, Madam Speaker. It's with some regret that I'm standing up to talk on this bill in the second reading, because I think, if we think about the Reserve Bank, it is probably our pre-eminent institution in New Zealand. The previous speakers have talked about the importance of making a reference to Crown entities. I don't accept that in terms of the Reserve Bank. The Reserve Bank holds a very important, fundamental part of our financial system, and I don't think trying to correlate and set up institutional arrangements that suit Crown entities is necessarily the right approach. 