NICOLA WILLIS (National): This is a really clear case where the title of this bill misleads he or she who goes to look in the statute as to what it actually does. The Taxation (Annual Rates for 2020-21, Feasibility Expenditure, and Remedial Matters) Bill sounds like your typical annual tax bill that simply resets the tax rates and has some other minor adjustments. In fact, what we know is that following the inclusion of Supplementary Order Paper (SOP) No 23, what this actually is is the "Taxation (Introduction of a Capital Gains Tax for New Zealand Properties) Bill". What the Government has done is it's snuck in a very significant change to our tax system in the form of an SOP, jammed it into an existing bill under urgency without reference to select committee. If you were to look in the statute book to the future, and you were to look for, OK, when was it that the New Zealand Parliament determined that it would include a new capital gains tax, that it would have this extension, this 10-year capital gains tax, you'd expect to find that somewhere in the title. You'd expect something like the "Taxation (Capital Gains Tax) Bill", but in fact you would have to go and look for the Taxation (Annual Rates for 2020-21, Feasibility Expenditure, and Remedial Matters) Bill. Quite clearly, the title of this bill should be amended to better reflect its contents.