This bill is the first of its kind; never been brought before in this Parliament. In most cases, as we've heard, New Zealand would only pass sanctions after a resolution of the United Nations Security Council—but, as we know, Russia is exercising its veto in the Security Council so that forum is deadlocked. This means New Zealand must, as we have, act quickly to draft a set of sanctions absent of the Security Council and we are introducing this bill in lock step with our allies, targeting individuals, their assets, companies, and services.