Hon Dr MEGAN WOODS (Minister of Energy and Resources): I'll just take a short call to address some of the questions that the member put there. The first, I guess, is around the problem definition, and the member asked why it was that this regime was being put into place. That's spelt out very much in the preamble to the legislation; that in 2018, there was a convergence of events around gas infrastructure that led to gas outages of the Pohukura pipeline. What this brought very starkly into relief is there simply was not an adequate disclosure regime for industry, for the markets, for anybody to understand the flow-on implications of what was happening. There was a situation where those that were reliant on that gas for producing electricity had no oversight of what was happening. What is more, they could not get the information that was required from the oil and gas companies in order to be able to function properly as a market. The consequence of this was very high spot prices. Something that became very clear to me as a relatively new Minister of Energy and Resources was something needed to be done about it—that we could not have a regime where there were some industry participants that were having to put drones into the air to fly over the pipeline to try and figure out what was going on because we had a voluntary regime that simply was not delivering the disclosure that was required. So that is why this legislation is before the House and why it is necessary.